general journal

Definition

The place where transactions are recorded as revenue and expenses.

Use general journal in a sentence

We write down all of the transactions in the general journal and would take a look at it later on.

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You should try and keep a good general journal so that you always have good records of what you have.

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The general journal entries were made by John Smith who was the new staff accountant who had the responsibility of updating our accounting records.

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general insurance general ledger