Journal proper
Journal proper:- Journal proper is used to record those transactions which cannot be recorded in any of the subsidiary Books 📚. For example purchase of machinery from Automobile Dealers cannot be entered in purchases book because it is acquired to keep it permanently in the business and not to sell again. This cannot be passed through sales Book 📚 or cash book. It is not a bill transaction also. Hence it is evident that it cannot be passed through any of the subsidiary Books 📚 and as such a separate Book is maintained to record this transaction called ' journal proper '. The use of journal at present is confined to record the following transactions. 1) opening entries 2) closing entries 3) Rectifying entries 4) Adjusting entries 5) Transfer entries 6) Credit purchases and sale of assets 7) Any other transaction which cannot be passed through any of the subsidiary Books 📚.