- Trending Categories
Data Structure
Networking
RDBMS
Operating System
Java
MS Excel
iOS
HTML
CSS
Android
Python
C Programming
C++
C#
MongoDB
MySQL
Javascript
PHP
Physics
Chemistry
Biology
Mathematics
English
Economics
Psychology
Social Studies
Fashion Studies
Legal Studies
- Selected Reading
- UPSC IAS Exams Notes
- Developer's Best Practices
- Questions and Answers
- Effective Resume Writing
- HR Interview Questions
- Computer Glossary
- Who is Who
What is difference between general journal and general ledger?
The major differences between general journal and general ledger are as follows −
General journal
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.
General ledger
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.
- Related Articles
- What is difference between general ledger and sub ledger?
- What is difference between trail balance and general ledger?
- Difference Between General Quarters and Battle Stations
- Difference Between Quantum Mechanics and General Relativity
- Difference Between Project Management and General Operations Management
- What is General Register Organization?
- What is general form of polynomials?
- What are the differences between limited partner and general partner?
- What is the General estimated value of 9980 ?
- What are MySQL subqueries and its general categories?
- Advocate General: Meaning and Role
- General Adaptation Syndrome
- What is the GDPR, or General Data Protection Regulation?
- The general formula of alkynes is ____________.
- Tort Law and its General Defenses

Advertisements