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When journalizing a transaction, a short explanation is written?
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When journalizing a transaction, a short explanation is written?

User Serhii Vasniev
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Here is the answer. When journalizing a transaction, and a short explanation is written, this is called a MEMORANDUM. This is a form on which a brief message is written describing a transaction. Hope this answers your question. Have a great day!
User Arseniy
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