Limitation of journal

                             Limitation of journal

When the number of transactions is large, it is practically impossible to record all the transactions through one journal because of the following reasons.
i. The system of recording all the transactions in a journal required
(a) the writing down of the name of the account involved as many times as the transaction occur; and (b) an individual posting of each account debited and credited and hence involves the repetitive journalizing and posting labour.
ii. Such system does not provide the information on prompt basis.
iii. Such a system does not facilitate the installation of an internal check system since, the journal can be handled by only one person.
iv. The journal becomes bulky and luminous.

Advantage of Journal

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