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    jcbobit's Avatar
    jcbobit Posts: 1, Reputation: 1
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    #1

    Feb 6, 2011, 01:21 PM
    Journalize
    Natalie cashes her U.S. Savings Bonds and receives $520,which she deposits in her personal bank account journalize and post
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 6, 2011, 03:09 PM

    There is no journalizing and posting of this transaction because the person cashed a U.S. Savings Bond for her pesonal use.

    Journalizing and posting only applies to transaction that affects an organization.
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