Commerce Exam  >  Commerce Questions  >  Visit to any proprietary concern and preparat... Start Learning for Free
Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction
?
Verified Answer
Visit to any proprietary concern and preparation of journal of 8 days ...
The word journal has been derived from the French word "Jour" Jour means day. So, journal means daily. Transactions are recorded daily in journal and hence it has named so. As soon as a transaction takes place its debit and credit aspects are analyzed and first of all recorded chronologically (in the order of their occurrence) in a book together with its short description. This book is known as journal. Thus we see that the most important function of journal is to show the relationship between the two accounts connected with a transaction. This facilitates writing of ledger. Since transactions are first of all recorded in journal, so it is called book of original entry or prime entry or primary entry or preliminary entry, or first entry.

This question is part of UPSC exam. View all Commerce courses
Explore Courses for Commerce exam

Top Courses for Commerce

Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction?
Question Description
Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction?.
Solutions for Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction? defined & explained in the simplest way possible. Besides giving the explanation of Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction?, a detailed solution for Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction? has been provided alongside types of Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction? theory, EduRev gives you an ample number of questions to practice Visit to any proprietary concern and preparation of journal of 8 days with the help of business? intoduction? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev