General Journal question for financial accounting class?
Question : General Journal question for financial accounting class?
If my journal entries exceed one page do I title the second page “GENERAL JOURNAL” and add J2 or is the J2 only supposed to be used to reference the adjustment journal entries page. The book does not specify.
financial accounting class
Best answer:
Answer by JKRB
In the general journal itself, the pages are numbered page 1, page 2, page 3, etc. It doesn’t matter whether they are adjusting entries or not. When the transactions are posted to the general ledger you would use J1, J2, J3, etc. as the posting reference. Again it doesn’t matter whether they are adjusting entries or not.