Advantages of a Journal are :
1. It provides date wise record of ail the transaction. This facilitates quick and easy reference of any transaction.
2. It provides complete record of all the transactions at one place.
3. By providing narration to each entry , journal helps to understand the purpose and nature of the entry.
4. Maintenance of journal, besides ledger helps to avoid mistakes or errors in the books of accounts.
5. It is useful in rectification of errors.
