Post by account_disabled on Mar 5, 2024 22:58:19 GMT -5
A general journal for a trading company is proof of transactions. Proof of this transaction must be compiled based on the date of the transaction. Because, the requirement for making a general journal is that it is recorded chronologically so that there are no errors in recording. Then, you can identify proof of transactions, such as date, proof number, transaction description and nominal, so that it is easier for you to record it in the general journal. . Prepare Books/Media/General Journal Sheets Next, you must prepare a general journal sheet according to the format. Generally, the general format that is widely used consists of five columns, the contents of which are the Date, Description.
Ref, Debit and Credit columns. Some companies even include an additional column to fill in the transaction proof number. This general journal can be prepared in the form of sheets, books, or in applications. . Understand General Journal Rules In making this journal, you must Whatsapp Number List understand the debit and credit rules so that you don't make mistakes when recording the amounts and information contained in the general journal table. . Start Logging Next, you can start processing recording activities or transferring information from transaction receipts to the general journal. You must record it carefully, because recording it will have a big impact on the subsequent accounting process.
Also read: Consolidated Elimination Journal: Definition and Important Role for Financial Reports Example of a General Journal for a Trading Company After knowing the meaning, types and how to make a general journal for a trading company, it would be incomplete without an example of how to record it. For this reason, below we will give you an example of making a general journal for a trading company. . Cash Purchase It is known that PT ABC purchased merchandise in cash to increase product inventory in its warehouse at a price of million rupiah.
Ref, Debit and Credit columns. Some companies even include an additional column to fill in the transaction proof number. This general journal can be prepared in the form of sheets, books, or in applications. . Understand General Journal Rules In making this journal, you must Whatsapp Number List understand the debit and credit rules so that you don't make mistakes when recording the amounts and information contained in the general journal table. . Start Logging Next, you can start processing recording activities or transferring information from transaction receipts to the general journal. You must record it carefully, because recording it will have a big impact on the subsequent accounting process.
Also read: Consolidated Elimination Journal: Definition and Important Role for Financial Reports Example of a General Journal for a Trading Company After knowing the meaning, types and how to make a general journal for a trading company, it would be incomplete without an example of how to record it. For this reason, below we will give you an example of making a general journal for a trading company. . Cash Purchase It is known that PT ABC purchased merchandise in cash to increase product inventory in its warehouse at a price of million rupiah.