What is Journalizing in Accounting? | The Beginner’s Guide to Accurate Financial Records
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What is Journalizing in Accounting? | The Beginner’s Guide to Accurate Financial Records
Journalizing in accounting is the first step in recording financial transactions. It involves writing each business transaction in a journal in chronological order before posting them to the ledger. This process ensures that every debit and credit is tracked properly, forming the foundation of accurate accounting records. In this video, you ...
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