General journal

General journal (or, simply, journal; hereinafter, the Journal) is a chronological log of journal entries recorded utilizing double-entry bookkeeping. In other words, the Journal is a listing of financial transactions in chronological order. The Journal is a book of original entry.

Definitions

Journal. A listing of business transactions in chronological order. The journal links on one page the debit and credit parts of transactions.

Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.