What are the advantages of using a journal

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1. What are the advantages of using a journal in the recording process? 

Reference no: EM131138020

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To forecast using trend projection in excel : To forecast using trend projection in Excel
Journalize the following business transactions : Journalize the following business transactions.
What are the advantages of first recording transactions : (a) Should business transaction debits and credits be recorded directly in the ledger accounts?(b) What are the advantages of first recording transactions in the journal and then posting to the ledger?
When entering a transaction in the journal : When entering a transaction in the journal, should the debit or credit be written first?
What are the advantages of using a journal : What are the advantages of using a journal in the recording process?
Indicate whether the following accounts generally : Indicate whether the following accounts generally will have
Cash is received on signing a note payable : For the following transactions, indicate the account debited and the account credite
Indicate whether each of the following accounts is an asset : Indicate whether each of the following accounts is an asset, a liability, or an owner's equity account and whether it has a normal debit or credit balance:
What is the normal balance for each of the following account : What is the normal balance for each of the following accounts?

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