Investor Glossary-journalInvestor Glossary-journalInvestor Glossary-journalInvestor Glossary-journalInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Journal

The HTML to link to this page
 

A journal is used to enter business transactions into an accounting system. Traditionally, a typical journal entry includes the date of the transaction, the name(s) of the account(s) affected, the amounts to be debited and credited, and the reason for the transaction. In a very small company, a single journal, called the general journal, may be sufficient; but most accounting systems will have at least a cash journal and probably a sales journal as well. After transactions are entered in a journal, they are then posted to the general ledger and eventually summarized in financial statements. Although modern electronic systems have made the traditional paper journal mostly obsolete, the basics of bookkeeping and accounting as reflected in journal entries remains intact.



Rate this journal definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, wholly-owned subsidiary, risk management, phantom income, class C shares, deferred tax, minority interest, 1031 exchange, command economy, stock market close, VIX, 144a, average price per share, cancelled check, deferred revenue, 401a, 1035 exchange, EBITDA, required rate of return, debt service coverage, option premium, current ratio, margin rate, open position, limit order, reverse mortgage, FICO score, Zero Cost Collar, covered put, ex-dividend, FTSE, real GDP, liquidity ratio, LIBOR, labor relations, balance sheet, implied volatility, Key Rate Duration, irrevocable trust, diluted share, quality assurance, retained earnings, stock split, inflation, APR, ex-dividend date, dividends payable, annual return, per diem


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use