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What is the difference between JOURNAL ENTRY & LEDGER?
Journal is a journal of unique entrance. It is a journal where all the dealings of organization have been registered relating to that particular economical season. It is also known as the mom of the journal. Here all the records are separated into two areas according to the guidelines of charge and credit score. Whereas the ledger indicates, the journal which contains all the specified records in divided style taken from the unique publication of publication. It is also known as kid of journal.
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Assume you invest $150 per month in a stock. Stock prices are as follows: January $10.50, February $9.75, March $9.50, April $11.00, May $10.75, June $9.75, July $9.00, August $8.5
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