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.
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.