Journal - Business and Accounting

Business and Accounting

The term "journal" is also used in business:

  • A journal is a book or computer file in which monetary transactions are entered the first time they are processed. This journal lists transactions in chronological sequence by date prior to a transfer of the same transactions to a ledger in the process of bookkeeping
  • Narrations or equivalent to a ship's log, as a record of the daily run, such as observations, weather changes, or other events of daily importance

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Famous quotes containing the words business and, business and/or accounting:

    Politics is the reflex of the business and industrial world.
    Emma Goldman (1869–1940)

    Knighterrantry is a most chuckleheaded trade, and it is tedious hard work, too, but I begin to see that there is money in it, after all, if you have luck. Not that I would ever engage in it, as a business, for I wouldn’t. No sound and legitimate business can be established on a basis of speculation. A successful whirl in the knighterrantry line—now what is it when you blow away the nonsense and come down to the cold facts? It’s just a corner in pork, that’s all.
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)

    At the crash of economic collapse of which the rumblings can already be heard, the sleeping soldiers of the proletariat will awake as at the fanfare of the Last Judgment and the corpses of the victims of the struggle will arise and demand an accounting from those who are loaded down with curses.
    Karl Liebknecht (1871–1919)