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Let’s discuss everything we know about the general journal. Pros, cons, etc. You may use pictures and/or add a sticky note!

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Let’s discuss everything we know about the general journal. Pros, cons, etc. You may use pictures and/or add a sticky note!

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You can record the debits and credits of a purchase or business info

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You can record the debits and credits of a purchase or business info

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Used to organize the different account transactions

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General journal is where business transactions and events are first recorded

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you can record the dates of the month while tracking the money for each account

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Used to record transactions using more specific accounts

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Helps businesses take account for accounts like cash in bank and revenue

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you can use it to record all of your transactions

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Used to record and organize transactions

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Specifies exactly when the transaction was completed

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Where business transactions and events are recorded

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General journal and ledger

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You can keep track of transactions and information in accounts

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Helps businesses keep track and organize the money and what accounts they go in.