difference between journal proper and general journal and only journal.

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Hi Gargi

The difference between Journal Proper and General Journal is given below:

Basis General Journal (Journal Proper) Special Journal (Subsidiary Books)

1) Meaning It is a book of original entry in which only those entries are recorded that cannot be recorded in special journal. These are a sub division of journal in which transactions of similar nature are recorded.

2) Format Format of a general journal is same as a journal. Its format depends on the needs of a business enterprise; generally it is in the format of a statement.

3) Need A Journal proper is maintained by every kind of an organisation. It forms an essential and almost compulsory part of accounts. A business unit may or may not have a special journal. A large type of business usually maintains such special books.

4) Posting Each transaction is posted to ledger separately. Each transaction is not posted to ledger separately.

5) Rectification A mistake in a special journal is rectified by passing rectification entry in journal proper. A mistake in journal proper cannot be rectified by passing a rectification entry in special journal.

Journal Proper and Journal are one and the same thing, the only difference is that in Journal, all the transactions are recorded irrespective of whether it is a credit transaction or a cash transaction or a non-cash transaction. Whereas in case of Journal Proper, transactions which are not recorded in any of the special journal are recorded in journal proper.

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