What Are Books of Original Entry

Why is Journal Called A Book of Original Entry?

Books of Original Entry or Primary Entry or First Entry are called Journals where all Business Transactions are firstly or initially recorded (Journalized) chronologically or date-wise with the help of Source Document such as invoice or voucher.

Basically, it is a recording phase of Bookkeeping where daily transactions are recorded in Special Journal and transactions that often takes place are recorded in General Journal. 

Different Types of Books of Original Entry

Examples are Cash Journal or Cash Book, Sales Journal, Purchase Journal, Sales Returns Journal, Purchases Returns Journal, Petty Cash Book, General Journal, etc.

You Can Also Study, “What Are Books of Final Entry“

Books of Original Entry are the initial Steps in the Accounting Cycle. From these Books of Accounts, Financial Statements are Prepared that are reported to All of the Users of Financial Statements / Information.

So, we can say that the book of original entry is another name for the Journal.