what kinds of transactions can be recorded in a general journal
Debit and Credit. The two basic kinds of transactions that are recorded in the journal transaction are credits and debits. Journals are usually divided into two columns, with each one signifying one of these transactions.The credits column signifies money come into the company through accounts payable.he two basic kinds of transactions that are recorded in the journal transaction are credits and debits. Journals are usually divided into two columns, with each one signifying one of these transactions.