Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 39 - No. 8)
What is the purpose of the 'description' column in a general journal?
To record the date of the transaction.
To briefly explain the transaction.
To record the account names.
To show the debit and credit amounts.
Explanation
The description column provides a concise explanation of the transaction, explaining what happened.
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