Why are journals required as part of the recording process? Would not a set of ledger accounts

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Why are journals required as part of the recording process? Would not a set of ledger accounts be sufficient?

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 18, 2019 10:04 AM

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Why are journals required as part of the recording process? Would not a set of ledger accounts

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Journals provide a chronological record of trans...View the full answer

Accounting

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