Journal

The transactions are first

recorded in the book to show
which accounts are effected.
This book is called as “Journal”.
Recording of transaction in
journal is termed as journalizing
the entries.
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 Entries are recorded
chronologically to maintain the
records in an orderly manner.
 Journal entries are very
important and form basis for all
further records.

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 Specimen of Journal
Date Particulars L.F. Debit Credit
(Amt) (Amt)

An entry in journal may appear as

follows for the following transaction
1.11.2010 Goods sold for cash
of ` 5000
5.11.2010 Cash deposited in
Bank ` 3000 3
Journal Entries
Date Particulars L.F. Debit Credit
(Amt) (Amt)
1.11. Cash A/c….Dr. 5000
2010 To Sales A/c 5000
(Being Goods
sold on cash)
5.11. Bank A/c…Dr. 3000
2010 To Cash A/c 3000
(Being cash
deposited in
bank) 4