The word “Journal” is derived from the French word ________. *
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Journal comes from an Old French word which meant daily (jour being the French word for day, as in soup du jour, or “soup of the day”).
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The word "Journal" is derived from the French word Jurnal.
What is the meaning of the word Journal?
- It is the record in which all the financial transaction is recorded for future purposes
- In this record, the transaction is recorded in the double-entry method of bookkeeping but sometimes single-entry method is also uses
- The record of the transaction is transferred in different accounts like Reconciling accounts
- It is made for business purposes in which all the expenses and incomes are recorded
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