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/or accounting:

    “The point is that nationalism, even in its latest madhouse frenzies under Mussolini and Hitler, is still, like advertising, an arm of big business. Nations as we know them today, were the invention of business and it is natural that business should still consider itself slightly above patriotism and that the strongest international should still be the international of profits.”
    —John Dos Passos (1896–1970)

    “I, who am king of the matter I treat, and who owe an accounting for it to no one, do not for all that believe myself in all I write. I often hazard sallies of my mind which I mistrust.”
    —Michel de Montaigne (1533–1592)