Question

Give a specimen of journal.

Answer 1

Specimen of Journal:

In the books of...
Journal
Date	Particulars	L.F.	Dr. (₹)	Cr. (₹)
Y/M/D	Name of the account to be debited   ...Dr.		-
	To Name of the account to be credited			-
	(Narration – Brief explanation of the transaction)

Explanation of Columns:

• Date: The date of the transaction.
• Particulars: Names of accounts involved, with the narration (brief explanation).
• L.F. (Ledger Folio): Page number of the ledger where the entry is posted.
• Dr. (₹): The debit amount.
• Cr. (₹): The credit amount.