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Recording of Business Transactions
Accountancy · Class 11 · Accounting Process · 2.º Período

Recording of Business Transactions

Learn the rules of debit and credit and the process of recording transactions in the Journal. Understand how to post these entries into the Ledger.

CBSE Learning OutcomesCBSE.11.ACC.2.1NCERT.11.ACC.Ch3

About This Topic

Learn the rules of debit and credit and the process of recording transactions in the Journal. Understand how to post these entries into the Ledger.

Key Questions

  1. What are the rules of debit and credit for different types of accounts?
  2. How is a journal entry structured and narrated?
  3. What is the process of posting from a journal to a ledger?