Examlex
This type of language rule deals with the correct pronunciation of words:
Journalizing
The process of recording business transactions in the accounting journals as part of the bookkeeping process.
Transaction
An agreement or exchange between two parties that is recorded and has an economic impact on the finances of a business.
Journal
A detailed record where all financial transactions of a business are initially recorded, before being transferred to the general ledger.
Posting Reference
A notation or code that links journal entries to the corresponding ledger accounts, facilitating tracking and reviewing of financial transactions.
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