Which term describes a website?

Which term describes a website?

A website is also known as a “web presence” or simply “site”.

Is an online journal where entries posted?

The process of transferring journal entry to the individual accounts is called posting. This sequence causes the journal to be called the Book of Original Entry and the ledger account is the Principal Book of Entry.

What do we called a online journal where entries are posted a Web site B blog C newsgroup D web page?

An online diary is a personal diary or journal that is published on the World Wide Web on a personal website or a diary-hosting website.

What is journal entry approach?

An accounting journal entry is the method used to enter an accounting transaction into the accounting records of a business. The accounting records are aggregated into the general ledger, or the journal entries may be recorded in a variety of sub-ledgers, which are later rolled up into the general ledger.

Whats is your domain?

A domain name is your website name. A domain name is the address where Internet users can access your website. A domain name is used for finding and identifying computers on the Internet. Computers use IP addresses, which are a series of number.

Where are journal entries posted?

ledger accounts
Once the transaction is recorded, it must be transferred to the ledger accounts. This process is called posting. This is where all of the journal entries recorded in the general journal are transferred to the individual account ledgers.

What is known as online journal?

An online diary is a personal diary or journal that is published on the World Wide Web on a personal website or a diary-hosting website. Online diaries have existed since at least 1994. As a community formed, these publications came to be almost exclusively known as online journals.

Is an online diary of an individual?

What is the purpose of journal entries?

Journal entries are used to record the financial activity of your business. Journal entries are either recorded in subsidiary ledgers if you’re keeping your books manually, or they’re recorded directly into the general ledger (G/L) if you use accounting software.

What is the definition of an accounting journal entry?

Accounting Journal Entries Definition. An accounting journal entry is the method used to enter an accounting transaction into the accounting records of a business.

What does an entry in a journal look like?

Therefore, the journal entry would look like this: Purchased equipment for $650,000 in cash. To learn more, launch our free accounting courses. Purchased inventory costing $90,000 for $10,000 in cash and the remaining $80,000 on the account. Purchased land costing $50,000 and buildings costing $400,000.

What does it mean to have recurring journal entries?

A recurring journal entry is one that repeats in every successive reporting period, until a termination date is reached. This can be done manually, or can be set up to run automatically in an accounting software system.

Who is responsible for record of journal entries?

In a smaller accounting environment, the bookkeeper may record journal entries. In a larger company, a general ledger accountant is typically responsible for recording journal entries, thereby providing some control over the manner in which journal entries are recorded. Format of the Journal Entry.