Examlex
"Blocking" refers to
Special Journals
Accounting journals designed for recording a specific type of transaction in a detailed manner, such as sales or purchases.
General Journal
A bookkeeping journal where all types of financial transactions are initially recorded, before being transferred to specific accounts in the general ledger.
Closing Journal Entries
Entries made at the end of an accounting period to transfer balances from temporary to permanent accounts.
Revenue Journal
An accounting ledger that records all transactions involving the income earned by the business, specifically from its operations and activities.
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