Difference Between General Journal And Journal Proper

Here we study about the difference between General Journal And Journal Proper. Also we study the Difference Between General Journal And Special Journal. We already discussed about Journal in our previous article.

Note: General Journal is also called Journal Proper, Modern, Principal or simply a Journal. But most famous name is General Journal, especially in these days. So, there is no difference between General Journal And Journal Proper. So, Let's us Study About General Journal VS Special Journal.

Special Journal is designed to record specific types of transactions on routine daily basis. Since these types of Business Transactions occur on daily basis so it is better to record these types of transactions separately on a Special Journal or Book in order to present true and fair view of the accounting records.

Example are Cash Book, Sales Book and Purchase Book.

General Journal is one in which those business transactions are recorded which are taken place once or twice during the accounting period.

Examples are purchase of an Asset on Credit, Bad Debts Written Off, Accumulated Depreciation, etc.

You Can Also Read Out, "What is Accounting Journal Entry"

In Special Journal, Business Transactions are recorded faster and more efficiently because these are recorded on daily basis while in case of General Journal, business transactions are recorded very often as these types of transactions occur once or twice during Accounting Period of the business.