General Journal
The Journal is a textual record of events (Debit and Credit) that is characterized by the fact that all the records it contains are in a sequential chronological order.
Debit and Credit
Journals can be viewed as pages of a book. Each page has lines and columns. A journal page has columns for the date, account name, and two columns for dollar amounts, referred to as the Debit and Credit columns.
Entries are transferred (Posted) from the journal to the ledger pages on a regular basis.