Answer / dhananjay

journal is a book in which all the transactions are
recorded initialy in a cronological way,without classifying
the transaction and events .
ledgers are the book which contains a classified and
permanent record of all transactions and events of a
bussiness.

Answer / h.r. sreepada bhagi

Journal Entry is the source through which a business
transaction or an adjustment is recorded in the books. Where
as a Ledger is an account of a specific vendor, customer,
expense, income, Capital, Liability, etc, where all entries
related that account are recorded in the order of their
entry through journal.
In Book Keeping, Journal is the source and Ledger is the
destination. Balance in all the ledger at the end of an
accounting period are taken in the Trial Balance and from
this list of account balances Profit & Loss A/c and Balance
Sheet are prepared for any accounting period.

Answer / anil

journal is a book in this all the transactions are recorded
in chronological order.
ledges is useful to show individual accounts

Answer / naresh

Journal entry is a primary book/ the first book. Ledger is a secondary book where the entries are made with the help of Journal

Answer / vinay kumar . pagidikondala

Journal means chronological record of transactions and
ledger is a book containing classified information. (
Chronological = following the order in which things occurred)

pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.

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