Journal, Ledger and Trial Balance:

Learning Objectives:

After studying this topic you should be able to:

		Classify the accounts into different types.
		Explain the rules of debits and credits.
		Define, explain and prepare journal.
		Explain the difference between simple journal entry and compound journal entry.
		Define, explain and prepare a ledger.
		Define, explain prepare a trial balance.
		Answer the various questions about journal, ledger and trial balance.