5 Types of Journals and How to Benefit from Keeping Each

Let's go ahead and see what types of journals exist and how you can benefit from keeping each. The Blank Notebook Journal is ideal for getting to know yourself better, a self-reflection journal can help you discover who you are, what you want and how you feel about different areas of your life. Devotional journals are one of the most popular types of magazines, but please note that these are not themed for a specific religion or spiritual practice. Weight loss journals take a humorous approach to keeping a diary and are great for people who tend to start writing a journal only to stop again after a short period of time.

Goal planning journals help you focus on and accomplish your goals through a series of prompts and checklists. Under the double-entry system, there are mainly 7 different types of journal in accounting. Transactions are primarily posted to the journal and then posted to the general ledger. But where the cash receipt journal and the cash payment journal are kept, no cash book is needed.

The special journal used to record the purchase of merchandise on credit is called a shopping journal. The purchase journal records transactions for merchandise purchased on credit for sale. An asset purchased in the account is not recorded in the purchasing journal. However, many are of the opinion that they should record all credit transactions in the multi-column purchasing journal.

For example, Pyle and Larson have demonstrated the purchase on credit of assets and supplies, etc., in a purchasing journal in a separate column: charging office assets or supplies and crediting accounts payable. Since the purchasing journal is designed to record merchandise purchased on credit, the purchase of assets and other things on credit should not be recorded in the purchasing journal, but it is more acceptable to record them in the general journal. A single-column shopping journal is used only to record the purchase of merchandise on credit. In this sense, the format of the purchasing journal in the periodic and perpetual systems is the same.

Some organizations use a multi-column purchasing journal that records credit purchases of merchandise, assets, and other things. Interested organizations use the columns of the journal according to their needs. Therefore, at the time of publication in the general ledger, its dual aspects must be completed. It is not mandatory to display the journal entry that is sent at the end of the shopping journal.

When opening an individual account in the name of the creditor or creditors registered in the purchasing journal, the respective amounts of accounts receivable are credited to the credit side. The sales journal is used only to record the credit sale of merchandise. The special journal used to record all types of cash receipts is called the cash receipt journal. In the modern era, the introduction of the cash receipt journal is in practice in medium and large business organizations.

To overcome all of these limitations, a multi-column cash receipt journal is required. Typically, in the cash receipts journal columns for cash receipts and cash discounts, and there are three credit columns for accounts receivable, sales and other accounts. Cash received from various sources other than cash sales and accounts receivable is recorded in the Other accounts column. The special journal, where the purchase returns of purchases on credit are recorded, is called the purchase return journal.

This is called a debit note. The seller also sends a note to the buyer in response, which is called a credit note. It can be mentioned that goods purchased in cash if returned are not recorded in the purchase returns journal. Transactions other than transactions recorded in the cash receipt journal, cash payment special, shopping journal, sales journal, etc., they are recorded in their own journals or in general journals.

One of the most popular methods for keeping a diary is bullet journalling - thanks to social networks this type of newspaper has skyrocketed into one of main creative media outlets shared on Instagram, Pinterest and Tumblr! You've probably seen one of these images at some point - they usually look like planners with cute doodles! A bullet journal serves as a self-made planner but you can add much more if you want - others like to use stickers or found objects such as magazine clippings to add a touch of style to their bullet journals! The beauty of this type of diary is that it's completely your design - no vignette journals look alike because they are physical expressions of our minds and creativity! Maybe writing down your thoughts isn't for you - after all we're not all good at expressing our thoughts on paper or have legible handwriting! If that's your case then you might want to try video recording - this method could be one of best therapeutic devices you've ever used! After all we all feel better when we let off steam with someone right? Well daily video combines that ventilation session with diary outing! Keeping a diary, like your childhood diaries involves writing down what happened to you - it can be long detailed account every hour or short list like logbook writer Austin Kleon - it can be space process including thoughts feelings about what happened day or more objective story! Keeping....

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