Journal
What is a Journal?
In accounting, a journal is a document used to record business transactions.
![jrn1](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn1.jpg)
How it Works
In the days of manual accounting systems, a business would have a series of journals.
![](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn2.jpg)
Some of these journals were for cash transactions.
![](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn3.jpg)
Others were for credit transactions.
![](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn4.jpg)
Still others were for non day-to-day transactions.
![jrn5](https://seeaccountingnow.online/wp-content/uploads/2021/06/jrn5.jpg)
The information for the journals came from source documents.
![](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn6.jpg)
These documents included things like invoices, checks, credit notes etc.
![](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn7.jpg)
The recording process continued on a daily basis throughout the month.
![](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn8.jpg)
At month-end, you would total each journal column.
![](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn9.jpg)
After this, you would take the total of each journal column.
![](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn10.jpg)
And post this total to the appropriate account.
![](https://seeaccountingnow.online/wp-content/uploads/2020/04/jrn11.jpg)
© R.J. Hickman 2020