Journal
NIOS · Class 12 · Accountancy
Summary of Journal for NIOS Class 12 Accountancy. Key concepts, important points, and chapter overview.
Interactive on Super Tutor
Studying Journal? Get the full interactive chapter.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for chapter summary and more.
1,000+ Class 12 students started this chapter today
Overview
A journal is the first book of accounts in which all business transactions are recorded in a chronological order (date-wise) as they occur. It is also known as the 'Book of Original Record' or 'Book of Primary Entry'. The journal serves as the foundation of the double-entry bookkeeping system, where
Key Concepts
A journal is a columnar book
A journal is a columnar book of accounts where all day-to-day business transactions are recorded in chronological order (date-wise) as they occur. It
A journal has 5 main columns
A journal has 5 main columns: (1) Date - records the transaction date; (2) Particulars - shows affected accounts with 'Dr.' for debit account and 'To'
Journalizing involves four steps
Journalizing involves four steps: (1) Identify the accounts affected by the transaction; (2) Recognize the type of accounts (asset, liability, capital
A simple journal entry affects only
A simple journal entry affects only two accounts - one account is debited and another is credited. Example: Cash A/c Dr. 5,000 / To Sales A/c 5,000 (G
A compound entry affects more than
A compound entry affects more than two accounts. It can be created by: (1) debiting one account and crediting multiple accounts; (2) debiting multiple
Learning Objectives
- Explain the meaning and importance of journal in accounting
- Draw and understand the format of a journal with all its columns
- Explain the process of journalizing transactions step-by-step
- Record simple and compound transactions in the journal
- Understand and record adjusting entries for outstanding expenses, prepaid expenses, accrued income, and income received in advance
Frequently Asked Questions
What are the important topics in Journal for NIOS Class 12 Accountancy?
How to score full marks in Journal — NIOS Class 12 Accountancy?
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
More resources for Journal
Practice Quiz
Test yourself with a quick quiz
Important Questions
Practice with board exam-style questions
Revision Notes
Key points for last-minute revision
Formula Sheet
All formulas in one place
Concept Maps
See how topics connect visually
Study Plan
Step-by-step plan to ace this chapter
Flashcards
Quick-fire cards for active recall
Syllabus
What topics to cover
NCERT Solutions
Every textbook question solved step by step
For serious students
Get the full Journal chapter — for free.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for NIOS Class 12 Accountancy.