 | Class [owl:Class] |
 | Book for recording accounting transactions as they occur. Transactions and adjustments are first recorded in a journal, which is like a diary of instructions, advising which account to be charged and by how much. A journal represents a change in the balances of a business's financial accounts. Many tasks or transactions throughout an enterprise will result in the creation of a journal. Some examples are creating a customer invoice, paying a vendor, transferring inventory, or paying employees. |
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