Journal

Journal,

Definition of Journal:

  1. Business diary in which all financial data (taken usually from a journal voucher) pertaining to the day to day business transactions of a firm is recorded using double-entry bookkeeping system. Debit and credit changes caused by each transaction in individual ledger-accounts are subsequently entered in (posted to) the firms general ledger. Depending on the nature of its operations and number of daily transactions, a firm may keep several types of specialized journals such as cash journal (cash book), purchases journal, and sales journal. The most common is general journal, used where no special journal exists or in which transactions not belonging to other journals are entered (see journal entry). Journals are also called books of first entry or books of original entry. See also journalizing.

  2. A daily record of news and events of a personal nature; a diary.

  3. A newspaper or magazine that deals with a particular subject or professional activity.

  4. The part of a shaft or axle that rests on bearings.

  5. Write in a journal or diary.

  6. For accounting purposes, a journal is a physical record or digital document kept as a book, spreadsheet or data within accounting software. When a business transaction is made, a bookkeeper enters the financial transaction as a journal entry. If the expense or income affects one or more business accounts, the journal entry will detail that as well. Journaling is an essential part of objective record-keeping and allows for concise review and records-transfer later in the accounting process. Journals are often reviewed as part of a trade or audit process, along with the general ledger.

  7. A journal is a detailed account that records all the financial transactions of a business, to be used for future reconciling of and transfer to other official accounting records, such as the general ledger. A journal states the date of a transaction, which accounts were affected, and the amounts, usually in a double-entry bookkeeping method.

Synonyms of Journal

Clio, Domesday Book, Muse of history, Account book, Accounts payable ledger, Accounts receivable ledger, Address book, Adventures, Adversaria, Album, Almanac, Annal, Annals, Annual, Appointment calendar, Appointment schedule, Autobiography, Axle box, Balance sheet, Bank ledger, Bankbook, Bimonthly, Biographical sketch, Biography, Biweekly, Blankbook, Blotter, Books, Calendar, Card ledger, Case history, Cashbook, Catalog, Catalogue, Check sheet, Chronicle, Chronicles, Chronology, Classified catalog, Clock card, Commonplace book, Confessions, Cost card, Cost ledger, Cost sheet, Court calendar, Curriculum vitae, Daily, Date slip, Datebook, Daybook, Desk calendar, Diary, Diptych, Docket, Documentation, Dossier, Engagement book, Ephemeris, Experiences, Factory ledger, Fortnightly, Fortunes, Gazette, Hagiography, Hagiology, Historiography, History, Hotbox, Inventory, Journal box, Ledger, Legend, Life, Life and letters, Life story, List, Log, Logbook, Loose-leaf notebook, Magazine, Martyrology, Memo book, Memoir, Memoirs, Memorabilia, Memorandum book, Memorial, Memorials, Memory book, Minutes, Monthly, Necrology, Newsletter, Newsmagazine, Newspaper, Notebook, Obituary, ■■■■■, Pad, Paper, Passbook, Periodical, Petty cashbook, Photobiography, Pictorial, Pocket notebook, Pocketbook, Police blotter, Profile, Purchase ledger, Quarterly, Record, Record book, Register, Registry, Resume, Review, Roll, Sales journal, Sales ledger, Scrapbook, Scratch pad, Serial, Slick magazine, Spiral notebook, Stock ledger, Stores ledger, Story, Suspense ledger, Table, Tablet, Tabloid, Theory of history, Time book, Time chart, Time scale, Time schedule, Time sheet, Time study, Timecard, Timetable, Trade magazine, Triptych, Weekly, Workbook, Writing tablet, Yearbook, Diary, Day-by-day account, Daily record, Log, Logbook, Weblog, Blog, Vlog, Moblog, Yearbook, Periodical, Publication, Magazine, Gazette, Digest, Professional ■■■■■, Review, Newsletter, News-sheet, Bulletin

How to use Journal in a sentence?

  1. When a journal entry is recorded into a company's journal, it's usually recorded using a double-entry method, but can also be recorded using a single-entry method of bookkeeping.
  2. The LS1 hydraulic roller camshaft has large bearing journals and a large-diameter base circle to minimize torsional twisting and stress.
  3. While abroad he had kept a journal.
  4. When the company was audited, the journal played an important role in proving that all financial statements were accurate and that everything was recorded appropriately.
  5. The Securities and Exchange Commission officials have asked for access to the companys business journal as they investigate allegations that the company is cooking the books.
  6. A journal is a detailed record of all the transactions done by a business.
  7. The journal entries were recorded by the accountant who made sure the ledger matched the journal as well as part of being thorough.
  8. Journal is also used in the financial world to refer to a trading journal that details the trades made by an investor and why.
  9. Medical journals.

Meaning of Journal & Journal Definition

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Journal,

What is Journal?

A journal is a detailed account in which all financial transactions of a company are recorded, which is used to transfer information to future accounts and other accounting records, such as general ledger. The journal usually displays the transaction history, assigned account and amount, based on multiple entries.

  • A journal is a detailed record of all transactions made by a company.
  • The reconciliation of accounts and the transfer of information to other accounting records is based on the information contained in the journals.
  • When a transaction is posted in a trade journal, it is usually posted using the double posting method, but it can also be posted through the single posting method.
  • The double entry procedure reflects a change in the two accounts after the completion of the trade, an increase and a decrease in the same account.
  • Individual accounting is rarely used and only takes into account changes.
  • The financial world is also used with Financierine to cite business journals, which list investors' transactions and their reasons.

Each book contains an actual record of daily financial transactions.

Meanings of Journal

  1. Newspapers or magazines that cover a particular topic or profession.

  2. A diary of news and personal events.

  3. The shaft or the part of the shaft that is affected.

  4. Write in a magazine or journal.

Sentences of Journal

  1. Abroad, he kept a diary

  2. The LS1 hydraulic roller drive shaft includes a large journal and a large base circle diameter to minimize twisting and turning loads.

Synonyms of Journal

publication , review , reminiscence , periodical , note , ledger , memoir , newspaper , daybook , magazine , diary , ■■■■■ , tabloid , annals , weekly , observation , chronology , reminder , memento , comic book , log , calendar , almanac , rag , gazette , scandal sheet , minutes

Journal,

Definition of Journal:

The definition of Journal is: The journal is a detailed account that records all the financial transactions of the company, reconciles the accounts and transfers the information to other government accounting records, such as the general ledger journal showing the transaction history, which accounts were allocated. And money, usually in a double entry system.

  • The journal has a detailed record of all company transactions.
  • Reconciliation of accounts and transfer of information to other accounting records is based on information contained in journals.
  • When a transaction is posted in a company journal, it is usually posted with a duplicate posting code, but it can also be posted with a simple ledger posting code.
  • Duplicate entries reflect changes in two accounts after the transaction, one added and the other account decreased.
  • Individual accounting is rarely used and only takes into account account changes.
  • In the financial world, diaries are also used to refer to business journals that list investor transactions and their reasons.

Any book that contains ■■■■ records of daily financial transactions.

Meanings of Journal

  1. News diaries and events that are personal journals.

  2. The shaft or the part of the shaft that rests on the bearing.

  3. Write in a diary or journal

Sentences of Journal

  1. I wrote a lot in both periods.

Journal,

How To Define Journal?

  1. James Chen, CMT, is an experienced trader, investment advisor and global market strategist. He is the author of books on technical trade and commerce by John Willie & Sons and has been a visiting researcher at CNBC, Bloomberg TV, Forbes and Reuters, among other financial companies.

    • The journal has a detailed record of all transactions made by the company.
    • Transfer of information to accounts reconciliation and other accounting records is based on information contained in journals.
    • When a transaction is posted in the company's journal, it is usually posted with a double posting code, but it can also be posted with a single posting code.
    • Duplicate entries reflect changes in two accounts after the transaction, one added and the other account decreased.
    • Individual accounting is rarely used and only changes to the account are taken into account.
    • Magazines are also used in the financial world to refer to business journals that list investor transactions and their reasons.

Journal

Any book with original data of daily financial transactions.