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The terms 'waste book', 'daybook', and 'journal' were sometimes used interchangeably. A waste book is simply the rough form of a daybook; 'journal' usually refers to the book used in double entry bookkeeping to separate transactions into debits and credi

Reference: 
p. 79
Citation Text: 

The terms 'waste book', 'daybook', and 'journal' were sometimes used interchangeably. A waste book is simply the rough form of a daybook; 'journal' usually refers to the book used in double entry bookkeeping to separate transactions into debits and credits.

Citation Source: 
Densmore 2000

A Glossary of Archival and Records Terminology