Assertion: general ledger's transaction | /r/HasProperty | recorded in journal
Facets:
Source sentences:
text: Hence, when a transaction is recorded in a journal it debits one account and credits the other.
text: When posting the general journal, the date used in the ledger accounts is the date the transaction was recorded in the journal, not the date the journal entry was posted to the ledger accounts.
text: Transactions are first recorded in journals before they’re transferred to ledgers.
text: The transactions, which are recorded in the journals, are grouped accordingly and transformed to the corresponding correct accounts in the ledger.
text: Journal is called the original book of entry because the transaction is recorded first in the journal.