Define journal and journalising.

Asked by Topperlearning User | 14th Jun, 2016, 05:30: PM

Expert Answer:

According to M.J. Keeler, a journal is a chronological record of business transactions.

According to Rowland, the process of recording the transactions into journal is called journalising.

Answered by  | 14th Jun, 2016, 07:30: PM