Question 1

What is the difference between a ledger and this journal please?

Accepted Answer

In a journal you keep record of every day transactions no matter the bookkeeping account they belong. One after another one in a single record, as they incur, by date, these transactions are registered as Income and Expences (in-out).  A ledger organize your transaction by type of account, such as Cash, bank, purchases, sales, capital, loans, credit, etc information for these accounts normally come from your journal (daily records). Records in ledgers are double always, to one account to another.  Here you can see the structure of a ledger: https://www.google.co.uk/search?q=ledger+examples&newwindow=1&tbm=isch&imgil=4GGyhZ8ECe7FDM%253A%253Bn31FDh0DlFlSKM%253Bhttp%25253A%25252F%25252Ffinancetrainingcourse.com%25252Feducation%25252F2010%25252F09%25252Fbasic-accounting-crash-course-small-business-accounting-training-general-ledger-example%25252F&source=iu&pf=m&fir=4GGyhZ8ECe7FDM%253A%252Cn31FDh0DlFlSKM%252C_&biw=1584&bih=814&usg=__IHxhF2j_Syi0TeJ5UfmfB3R_UC0%3D&ved=0ahUKEwjolYbOytPJAhXC0xoKHW3OCfEQyjcIMg&ei=RKNqVujjFMKna-2cp4gP#tbm=isch&tbs=rimg%3ACeBhsoWfBAnuIjgwUGk03pJ3ePQwb0dWmv6tefJ_18vbFf-ANtamIlwA-9fGY-Hqni_1oNPpXwcZDPW1epGA_12CGFWpyoSCTBQaTTeknd4Ef6bBiiWo4OmKhIJ9DBvR1aa_1q0RVJGMeOga30AqEgl58n_1y9sV_14BH-mwYolqODpioSCQ21qYiXAD71ESESaXbxtvOuKhIJ8Zj4eqeL-g0Rk59_1MCIgyBcqEgk-lfBxkM9bVxHBU8u0dv66ZSoSCakYD_1YIYVanEYi1gEKRpd_1j&q=ledger%20examples&imgrc=a7uekD7WrppkZM%3A

Question 2

Is there a difference between the double entry journal and the double entry ledger?

Accepted Answer

Hi there Christine. The journal is used when you are making entries that you can't enter anywhere else in your records. This would also be the home for you correction of errors. Double entry refers to the practice of double entry accounting. The General Ledger holds all the accounts for recording transactions and the Journal is where you can record your correction of errors or other transactions that don't have a place anywhere else. I hope this helps.

Question 3

is this a book or a pad?

Accepted Answer

It is an A4 size pad of sheets Best WishesDiana

ASIN	B002L2021C
Best Sellers Rank	8,506 in Stationery & Office Supplies ( See Top 100 in Stationery & Office Supplies ) 15 in Account Books & Journals
Binding	Office Product
Brand	Silvine
Brand Name	Silvine
Colour	Multi
Customer Reviews	4.6 out of 5 stars 1,530 Reviews
Item Dimensions L x W	29.7L x 21W centimetres
Item Type Name	Book Keeping Ledger
Manufacturer	Sinclairs
Number of Items	1
Number of Pages	32 Pages
Pages	32 Pages
Paper Size	297 x 210
Pattern	Printed
Sheet size	297 x 210
Special Features	Durable
Style	Ledger
Theme	Plain
UPC	780746180579
Unit Count	1.0 count

Silvine A4 Book Keeping Ledger, 32 Pages Printed 'Double Entry' - Ref SJA4L

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