Journals are used in postings. They serve to group entries, just as we do with file covers, where we file documents of a certain type. As an example, the most common Diaries are Purchases, Sales, Banks, Cash and Miscellaneous.
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Journals are used in postings. They serve to group entries, just as we do with file covers, where we file documents of a certain type. As an example, the most common Diaries are Purchases, Sales, Banks, Cash and Miscellaneous.