Why are journals required as part of the recording process? Would not a set of ledger accounts

Question:

Why are journals required as part of the recording process? Would not a set of ledger accounts be sufficient?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

Question Posted: