general journal

  

Definition

Common type of journal used in keeping a chronological record of financial transactions of a firm not belonging to other (special) journals, or where no special journal exists.

Use general journal in a sentence

  • You should try and keep a good general journal so that you can always go back to it if you need to.

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  • We needed some kind of thing to keep track of the data, so we bought a general journal and started using that.

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  • My general journal has been very helpful this past finacial quater, in adding up all the money I have spent.

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