Examlex
Write the correct meaning for Hct:
Special Journal
A special journal is a financial journal in accounting that is used to record and categorize specific types of transactions such as sales, purchases, cash receipts, and cash disbursements.
Special Journal
A specialized accounting journal designed to record and summarize specific types of transactions efficiently.
Post. Ref.
A reference column in a journal entry that indicates the ledger account number where the entry appears, aiding in the tracking of transactions.
Posting Process
The act of transferring entries from the journal to the ledger accounts in bookkeeping.
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