Definitions for "Book of Original Entry"
Also known as a journal. To Top
A journal in which business transactions are first recorded and from which ledger entries are made. (See "Journal.")
A journal in which transactions are recorded for the first time before summarizing and/or posting to ledger accounts, for example, purchase journal, cash receipts journal, accounts payable journal, disbursements journal, general journal and payroll journal. See General Journal and Journal.