Preparing general journals and posting journals to general ledgers

Journals provide chronological record of all economic events affecting a firm. Each journal entry is expressed in terms of equal debits and credits to accounts effected by the transaction being recorded. Debits and credits represent increases or decreases to specific accounts, depending on the type of account. For example, for credit sales, a debit to accounts receivable and a credit to sales revenue is recorded in a sales journal.

Jurnal is a day book it is use to record all business transactions it is also call accent to ledger and chronological book

What is the purpose journal postings in accounts

As I m also not that much familar with that but still I can over come I m graduate just I also have many quries just I came across when I was searching regard accounts something new
See just one basic thing in journals is that
Remember three types of accounting principles
Real a/c
Personal a/c
Nominal
like debit the receiver
Credit the giver
Debit what comes in
Credit what goes out
Debit exp and losses
Credit incomes and gains
On this basis if any purchasing made
Just think there are two types of a/c
Purchaseing & cash

Through purchasing we are getting it is coming
Debit what comes in personal a/c
Cash is going out it is real a/c credit what goes out
By

You post to your acocunts so you can keep track of your account balances.

You need to learn how journal entries is prepared:
For example when asset or expenses increases, it will be debited by that amount,
when asset or expenses decreases, it will be credited by that amount and

When revenue/income or retained earnings or equity or capital increases it will be credited by that amount and
When revenue/income or retained earnings or equity or capital decreases it will be debited by that amount.
You need to go through a principles of accounting of up to date to learn Journal entries and ledger and you may go to a experienced and professional accountant to consult your problem. It will be more easy to follow your previous colleague who worked in the same desk. Thanks

lets' get back to basics


a ledger is a record of transactions
a journal is the way transactions are recorded.