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journal entry

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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September 8, 2021 at 4:07 am #634819
Noah098
Member
- Topics: 935
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sir if we have to write the journal entry and explain it too(in terms of why a certain account increases/decreases) then there is no point in wasting time writing the journal entry, right?
what would you suggest sir? Journal entries+explain increase/decrease? or directly explain increase/decrease?
September 8, 2021 at 3:57 pm #634924
Stephen Widberg
Keymaster
- Topics: 11
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You should only write a journal entry if you are asked for the ADJUSTMENT.
Usually you need to explain instead of writing journals.
If you are unsure of DR CR you can write UP/DOWN if asked for adjustment
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