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The major difference is : Blogs are online diaries but journal is a daily record of events or business; a private journal is usually referred to as a diary.
No journal entry for net income it is the difference between total expenses and total revenue and it is the balancing figure
A journal is the same thing as a diary or a log of events. A transaction typically refers to the buying and selling of goods.
yes
a cash payment journal is used to record only cash payment transactions where as the purchases journal is used to record ONLY purchases on account transactions
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A journal is a publication that contains a collection of articles on a specific topic, while an article is a single piece of writing within a journal or any other publication.
Journal entries are recorded as soon as financial transaction occures while adjusting entries are made to rectify the previously made journal entries.
A journal is a chronological record of financial transactions, organized by date. Journal proper refers to the book of original entry where miscellaneous transactions that do not fit in any other specialized journal are recorded. In essence, the journal proper is a catch-all journal for transactions that do not have a specific journal category.
A journal paper is a detailed and comprehensive research article published in an academic journal, while a conference paper is a shorter and more focused research paper presented at a conference or symposium.