Complex sentence: But journal entries are used to record injections and ejections to such networth.After recording the transactions through journal entries the revised balance sheet can be prepared, after which it shows updated position.it means journal entries works as medium of updating statical financial position as on a particular day.
Split into simpler sentences: But journal entries are used to record injections and ejections to such networth. It means that journal entries work as a medium of updating statical financial position as on a particular day.