Difference between revisions of "General journal"

From CNM Wiki
Jump to: navigation, search
(Related coursework)
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
[[General journal]] (or, simply, [[journal]]) is a chronological log of [[journal entry|journal entri]]es recorded utilizing [[double-entry bookkeeping]]. In other words, a [[general journal]] is a listing of [[financial transaction]]s in chronological order. [[Journal]] is a [[book of original entry]].
+
[[General journal]] (or, simply, [[journal]]; hereinafter, the ''Journal'') is a chronological log of [[journal entry|journal entri]]es recorded utilizing [[double-entry bookkeeping]]. In other words, the ''Journal'' is a listing of [[financial transaction]]s in chronological order. The ''Journal'' is a [[book of original entry]].
  
  
Line 9: Line 9:
 
*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
 
*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
  
==Related coursework==
+
==Related lectures==
 
*[[Bookkeeping Quarter]].  
 
*[[Bookkeeping Quarter]].  
  
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]

Latest revision as of 19:33, 4 January 2019

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

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

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

Related concepts

Related lectures