Understanding journal accounting is a key part of CONTROL ACCOUNTS, JOURNALS and the BANKING SYSTEM course.
You are part way through the CONTROL ACCOUNTS, JOURNALS and the BANKING SYSTEM course and you should have read the pages listed below before reading this page:
Welcome to Journal Accounting.
An Accounting Trainee or Bookkeeper should have a good understanding of accounting journal entries for non-regular accounting transactions. The Accounting examiner will expect you to provide examples of typical journal accounting entries.
In particular you will be required to state the accounting journal entries for:
– the start of a new business
– the writing off bad debts
– the payroll transactions
– the correction of errors
The Accounting examiner will expect you to have a thorough knowledge of accounting journal entries for payroll and many students struggle with this area of the syllabus – take note you have been warned!
The link to Amazon for the recommended reading on Journal Accounting Entries is:
Now lets test your knowledge of journal accounting entries – go to the test below.