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A journal is a book of original entry which is used to record daily credit business transactions before transfer into a ledger.

Journal can also be defined as a book of prime entry which records business transactions on a daily basis into debit and credit before posting into a ledger.

Only daily credit business transactions are recorded in the journal.  The recording of transactions in the journal is not a double-entry system.

Journal can also be called the following:

1. Book of prime entry.
2. Book of original entry.
3. Subsidiary book.
4. Book of first entry.
5. A daybook.


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