A journal entry is a standardized technique of recording business transaction in accountancy.
General Journal:
The transactions which are not recorded in the special journals namely, sales journal, purchase journal, cash receipt journal, and cash disbursement journal are recorded in the general journal.
Sales Journal:
The journal where all the credit sales of merchandise are recorded is called a Sales Journal.
Purchases Journal:
It is the journal where all the purchase on accounts or credit purchase of merchandise, supplies, equipment etc. are recorded.
To determine:
Entries in the general journal and identification of transactions which are not recorded in the general journal
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