CTN PRESS

CTN PRESS

NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY

MEANING, NEED AND PROCESS OF BOOK-KEEPING

Bookkeeping is a process of recording and organizing all the business transactions that have occurred in the course of the business.  Bookkeeping is an integral part of accounting and largely focuses on recording day-to-day financial transaction of the business. Bookkeeping is the process of recording your company’s financial transactions into organized accounts on a daily […]

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MEANING, FEATURES AND FUNCTIONS OF JOURNAL IN ACCOUNTING PROCESS

Journal is a book of original entry in which all business transactions are recorded systematically. Journal means a book which records all monetary transactions on daily basis. A journal is defined as the book of original entry while the definition is more appropriate when the transactions were written in a journal before manually posting them

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