Tuesday, 11 June 2013

General Journal Entry

General Journal Entry

Open an existing company on Peachtree Accounting Software and select the "Task" option from the taskbar and select the sub-option "General Journal Entry".
A window will appear with the name General Journal Entry

Enter the "Date" and the "Reference" on which you want to make a transaction in that window as follows.
Enter the "Description" and General Ledger Account where you want it to be recorded.

The description will remain the same, but for depreciation, the general ledger account debit will be the depreciation expense account, and the credit account will be that account's depreciation. Enter the amount and click Save from the toolbar option of that window.

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