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Needed a Document for jornel entry? Related: Objectives of Financial...
A journal entry is the logging of a transaction in an accounting journal that shows a company's debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit. The total of the debits must equal the total of the credits or the journal entry is considered unbalanced. Journal entries can record unique items or recurring items such as depreciation or bond amortization. In accounting software, journal entries are usually entered using a separate module from accounts payable, which typically has its own subledger, that indirectly affects the general ledger. As a result, journal entries directly change the account balances on the general ledger. A properly documented journal entry consists of the correct date, amount that will be debited, amount that will be credited, description of transaction, and unique reference number.
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Needed a Document for jornel entry? Related: Objectives of Financial Management, Accountancy and Financial management
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Needed a Document for jornel entry? Related: Objectives of Financial Management, Accountancy and Financial management for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Needed a Document for jornel entry? Related: Objectives of Financial Management, Accountancy and Financial management covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Needed a Document for jornel entry? Related: Objectives of Financial Management, Accountancy and Financial management.
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