Difference between Journal and Ledger

True Tamplin

Written by True Tamplin, BSc, CEPF®
Updated on June 22, 2021

In this article, we are providing the difference between Journal and Ledger in the form of a comparison chart.

Journal Ledger
1 In journal, the transactions are recorded chronologically. In ledger, the transactions are recorded in classified form.
2 The process of entering a transaction in Journal is called “Journalizing”. The process of entering a transaction in Ledger is called “Posting”.
3 As Journal is the main book of entry, so it has greater weight age as far as legal evidence is concerned. As Ledger is the secondary book so it has lesser weight age as legal evidence than Journal.
4 As Journal assists ledger so it is also known as assistant to the ledger. it takes assistance from Journal to post all
the records in the concerned accounts.
5 The accuracy of transactions cannot be checked through Journal. Ledger is the gateway to prepare trial balance which is helpful in checking the accuracy of transactions.

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