Journal-Ledger Discussion Forum

What is the easy definition about Journal and Ledger

What is the easy definition about Journal and Ledger

by Minhajul Islam Showkhin -
Number of replies: 1

Why find out the Journal and ledger?

In reply to Minhajul Islam Showkhin

Re: What is the easy definition about Journal and Ledger

by Lamia Akther Urmi -

Journal is a subsidiary book of account. It is the storehouse for recording transactions. Ledger is the permanent and final book of accounts. It is termed as the means of classified transactions.