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RULES OF JOURNALIZING Uhe rules of debit and credit have already been explained in details while discussing the double entry system in the previous chapter. But the important points to be considered while passing a journal entry (i.e. steps of journalizing) are given here: Steps of Journalizing i 2 = aa Proper proforma: The journal entries should always be passed in proper proforma. Name of journal: ~The name of the owner should always be written on the top of the journal before passing any entry in it. Sorting of two accounts: _ First of all two effected accounts of every transaction must be ascertained. The nature of the accounts and the rules of debit and credit to be applicable are analyzed properly. Uses of ‘Dr’ and ‘To’: The word ‘Dr? must be used after the name of the account which is to be debited and word ‘To’ must be used before the account which is to be credited, There is no need to write credit after the account which is to be credited. . On personal accounts: The word ‘Account’ (a/c) is not required in the personal accounts, . Write narration: Write a narration within brackets after the account to be credited. + Totalling of amount: After making the necessary entries in the journal there must be a total of debit and credit columns in a straight line. The total of one page is carried forward to the next page by putting “c/f™ (carried forward) ANALYSIS OF TRANSACTIONS Before recording or passing the journal entry, the analysis of the transactions should be done in the following manner: 
