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

Manufacturer	Sinclairs
Brand	Silvine
Model Number	SJA4L
Product Dimensions	29.7 x 21 x 0.4 cm; 120 g
Colour	Multi
Number of Items	1
Size	Single
Sheet Size	297 x 210
Manufacturer Part Number	0385036013
Item Weight	120 g

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

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