what is the meaning of Journal Ledger?
- 11 Answers
- 26251 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / suji
Day book is nothing but journal ledger .{i.e, every
transaction will be entered in day book/journal ledger).
| Is This Answer Correct ? | 60 Yes | 12 No |
Answer / suhasini modagi
journal is a primary book of recording the day to day
transactions . generally it is just go on entering the
transaction as soon as events takes place
Ledger is a systematic manner of Segregating transactions
and entering the transactions i.e
1) Purchase of Goods---Purchase A/c
2) Sale of goods-------Sales A/c
3) Purchase Return means--Purchase return
4) cash/bank --------contra a/c etc.....
plz rectify
| Is This Answer Correct ? | 52 Yes | 7 No |
Answer / ravichandra
Journal is the book of original entry because every
transation is first written in the journal and which it is
posted to the ledger at any convinent time.
| Is This Answer Correct ? | 47 Yes | 9 No |
Answer / laxman
journal ledger is also called primary book,day to day
transactions are entered in journal
| Is This Answer Correct ? | 44 Yes | 15 No |
Answer / rambabu
journal is called the day book.it,s record the transaction
in chronological order
| Is This Answer Correct ? | 21 Yes | 5 No |
Answer / basavaraju
journal is a book record all the business transaction then
and there or inorder of data. journal is also called as
original entry or primary entry.
| Is This Answer Correct ? | 21 Yes | 8 No |
Answer / nisha pradhan
all transactions are entered 1st in journal then after in
ledger without journal we cant record the transation in
ledger book.
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / h.r. sreepada bhagi
As mentioned in some of the answers above Journal (Register)
is the book of primary or original entry and ledger is the
book of final entries. Entries are first recorded through
various types of journals (General Journal, Purchase
Journal, Sales Journal, Payment, Receipt, DN, CN, etc.) and
from Journal it gets posted to Ledger.
In manual system of book keeping separate entries need to be
passed in Journal & then from there to be posted to Ledgers.
In accounting software, entries once made will be posted to
journal as well as ledger.
The name Journal Ledger is wrong as it is either Journal or
Ledger as these two are different.
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / smita mishra
The Books of accounts which is having Accounts records on
daily basis.
| Is This Answer Correct ? | 1 Yes | 3 No |
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
define fixed assets
does all exp and all incomes appear in profit and loss a/c???
define accounting,scope of account , types of account ?
why should the company give first perference to the perference shareholders?
what is diff between accrued and Outstanding Account?
entries of Bills in advance and bills in arrears?
What is the TDS ratio applicable on professional fees?
what are the different causes for discrepencybetween the balance of cash book and pass book
Who is called consignor
what is general HR?
EXPAND_________WWW
Audit 
