Key differences between general journal and general ledger. The general journal is for recording transactions as they happen. The general ledger, on the other hand, organizes these transactions into accounts. Cash receipts book is used to record your collection, money you received. General journal is used for adjustments, usually,.
The general ledger, on the other hand, organizes these transactions into accounts. Cash receipts book is used to record your collection, money you received. General journal is used for adjustments, usually,.
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