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The Joy of Accounting Journals
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Where would accountants be without journals? - at home having fun? Seeing the kids? Going out for dinner?
The terrible truth is that without journals there would be no double-entry, and without DOUBLE-entry.....accounts departments would only be half the size they are!
Accountants have therefore created an infinite stockpile of different types to keep themselves busy during those long winter nights and at weekends.
Here are just a few!
Types of Journals
- System journals - simple! - double-entry at the touch of button
- Special journals - for only the very best transactions
- Standard month end journals - predictable, prudent, perfect!
- Reversing journals - don't forget to post these again next month
- Correcting journals - get it right next time!
- Correcting Reversing journals - you forgot!
- Special journal correcting correcting reversing journal - come on - this time it's going to work!
- Correcting journal reversing reversing correcting journal correcting incorrect system journal - fingers crossed
- Special journal correcting journal reversing reversing correcting journal correcting incorrect system journal - no, no NO!!! this is getting on my TITS!!
- Correcting special reversing journal correcting journal reversing reversing correcting journal correcting reversing journal that didn't reverse - AAARRRGGHHHH!!!.....