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CBSE Class 11-commerce Answered

Write down the limitations of a journal.
Asked by Topperlearning User | 14 Jun, 2016, 05:30: PM
answered-by-expert Expert Answer

Limitations of journal are as follows:

  1. As the numbers of transactions in a business are large, journal becomes bulky and voluminous
  2. Journal does not provide information on prompt basis
  3. As the journal can only be handled by one person, it does not facilitate the installation of an internal check system
  4. Cash transactions are usually recorded in a separate book called ‘cash book’. Those transactions are not recorded in journal.
Answered by | 14 Jun, 2016, 07:30: PM
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