1. Book of first entry
2. As soon as the transaction begins, the journal
3 is listed. Transactions must be recorded in the order of occurrence, ie strictly in the order of dates
. Narration (short description) for each entry.
5th Ledger Folios
6. The relevant information can not be easily identified, eg. cash is not easy to find.
7th Final reports can not be prepared directly from the journal.
8th The accuracy of the books can not be tested
9. The debit and credit debits of the transaction are recorded in adjacent columns
. The journal has two columns, one for the other debit amount of the loan amount.
eleventh The journal is not balanced.
12th The computerization of the accounting journal can not be used for normal transactions such as revenues, purchases, sales,
first Book of Final Entry
2. Transactions are entered in the bookkeeping after the same journal has been recorded.
3rd Transactions are sorted by nature and grouped into the relevant accounts
. No narrative is necessary.
5th The periodical or journal journal is written in writing.
6th Since transactions of a special nature are grouped in one place, relevant information can be established. The bookkeeping is based on the final report.
8th The accuracy of the books is examined through the list of scales.
ninth The debit and credit debits of the transaction are recorded on two sides of two different accounts.
10th The book has two sides: on the left, the right side of the deposit page is the credit page.
eleventh Each account in the bookkeeping is balanced in good time.
12th The book can not be avoided. However, it may be a loose letter book or computer record. But bookkeeping is compulsory.
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