Difference Between Journal Entry And Double Entry

Journal Entry may be either single entry or double entry depending upon the Bookkeeping System i.e., Single Entry System or Double Entry System while double entry works only in double entry system of Bookkeeping.

Journal Entry Examples include incomplete accounting and complete Accounting Transactions and records. Examples are accounts from customers, Cash Book, Sales Day Book, Purchases Day Book, etc. These Books of Accounts show complete records under double entry system while most of the times shows incomplete records under single entry system. In case of double entry, complete accounting records are shown. For every debit, there is a credit. Examples are Income Statement, Balance Sheet, etc that shows complete information of Financial Statements to the Users of Financial Statements for the accounting period.