Journal Preparation
<h1><strong>JOURNAL PREPARATION</strong></h1> CONTENT <ol> <li>Definition of Journal</li> <li>Types of Journals</li> </ol> <h2><strong>Definition of Journal </strong></h2> The journal is another book of original entry where the details of transactions other than normal cash transactions are first recorded. Apart from being a book of original entry, it also records the transfer of items between accounts and it facilitates the correction of errors that may occur during the process of book-keeping. A typical journal form will look like this: