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This document serves as a journal detailing various events, donations, and impacts related to the Riverside Community College District (RCCD) and its Foundation, including significant contributions
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What is journal?
A journal is a financial recording tool used to document all transactions in chronological order within an accounting system.
Who is required to file journal?
Individuals and businesses that maintain financial records and are required to report their financial transactions, such as accountants and bookkeepers, must file a journal.
How to fill out journal?
To fill out a journal, record each transaction by entering the date, description, accounts affected, debit amounts, and credit amounts in the appropriate columns.
What is the purpose of journal?
The purpose of a journal is to provide a systematic way to record daily transactions, ensuring that all financial activities are documented accurately for transparency and auditing.
What information must be reported on journal?
The information that must be reported on a journal includes the date of the transaction, a brief description, the accounts involved, and the amounts debited and credited.
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