accounting for dummies

Journal of General

We are two students Binus International School Serpong social majors. Both of us will be talking about none other general journals are part of the lesson grade 11 accounting system.

Is the general journal?

General ledger is the media in the accounting process is the basis for the determination, to the account to which a transaction will be recorded, how the money is used and the money that comes in, as well as a brief description of the transaction.

Journals can be considered as a diary company should continue to be filled by the accountant of the company.
The purpose of making the journal is to record the transaction to be identified, reported and measured so that it can be used as a business decision by the user of the information.

General journal has a wide range of functions as follows:

    Recording function, ie the number of transactions recorded detailed without being missed.
    Historic function, namely a record of all transactions in the order of time of occurrence.
    Function analysis, that analysis was done to determine the name of the account, the amount of money and on which side of the recording done.
    Instructive function, which is where the account should be filled in accordance with what was recorded in the journal by menfikuri instructions specified.
    Informative function, which is where journals provide information, date, account name, and the amount of money involved in a transaction.

Accounts in the accounting divided into 6 major kelopok the property, debt, equity, revenues, expenses and prive. This large group each having sub group.

    Treasure. Included in the account assets are: cash, accounts receivable, all transactions are paid in advance, equipment, land, buildings, building depreciation, equipment, and accumulated depreciation of equipment
    Debt. Various kinds of debts such as accounts payable, payroll debt, debt commission, interest payable, and debt notes.
    Capital owners.
    Revenue. Various kinds of income is sales revenue, service revenue, interest income and commission income
    Expenses. A wide range of expenses such as salaries, advertising expenses, interest expenses, insurance expenses, supplies expense, depreciation expense and equipment depreciation expense.
    Prive (making money personally to the interests of capital owners, who are not related to the business of the company).

Here is the form of the General Journal