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


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