The major differences between general journal and general ledger are as follows −
All financial transactions are recorded.
Subsidiary book.
The primary step to record before ledger.
The process of recording transactions are called journalizing.
Narration is compulsory.
No need of balancing.
It has simple format.
Recorded as per transaction date.
Debit and credit recorded in column-wise.
Follow concept of duality.
All financial transactions are recorded in the respective accounts.
Principal book.
Second step and created from general journal.
Process of transferring the entries is called posting.
Narration is not compulsory.
Require balances.
T- Format.
Entries recorded account wise.
Debit and credit are recorded at different sides.
Follows concept of duality.