day-book

The accountant records the daily transactions in the day-book.

Definition

1. Noun:
   • A book for recording daily transactions: In accounting, a "day-book" is a journal or ledger where all financial transactions are recorded daily in chronological order. It serves as a primary record before entries are posted to other ledgers.

Usage Examples

• (A daily record of business transactions.)
• (A personal journal for daily financial records.)

Advanced Usage

• "to keep a day-book": to maintain a daily journal of transactions or events.

  • The small business owner kept a day-book to simplify tax preparation. (He maintained a daily record of all financial activities.)

• "day-book entry": a single record made in a day-book.

  • Each day-book entry must include the date, amount, and description of the transaction. (A specific item in the daily journal.)

Variants and Related Words

• Daybook (n): alternative spelling, often used interchangeably with "day-book."

  • The daybook was filled with entries from the past month. (The daily record book.)

• Journal (n): a general term for a day-book in accounting contexts.

  • The sales journal is a type of day-book. (A specific kind of daily record.)

Synonyms

• Journal: a daily record of events or transactions.
• Ledger: a book for keeping financial accounts (though a ledger is often more permanent than a day-book).
• Log: a record of occurrences, especially in technical or travel contexts.

Related Idioms

• "to be in the day-book": to be recorded in the daily accounts.
  • Every purchase, no matter how small, must be in the day-book. (Every purchase must be officially recorded.)

Phrasal Verbs

• "to post from the day-book": to transfer entries from the day-book to other accounts or ledgers.
  • We will post these sales from the day-book to the general ledger at the end of the week. (Move the daily records to permanent accounts.)