Discuss whether entering a transaction in a journal

Reference no: EM131015140

A journal is used to chronologically record all transactions of a business. These transactions are then posted to the ledger. Consider the steps involved in recording transactions in the books of account and respond to the following:

- Discuss whether entering a transaction in a journal and posting it again in the ledger involves unnecessary duplication of work. Include any and all references.

Reference no: EM131015140

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