Definition of Journal entry:
The recording of financial information (usually obtained from manual accounting entries) relates to business transactions in the journal, so that the costs are equal to the credit. Journal entries provide an audit trail and a way to analyze the impact of transactions on the financial condition of the organization. See also registration.
How to use Journal entry in a sentence?
- To stay up-to-date you need to keep a good diary of your financial events.
- Keeping all your notes in a simple journal entry can help you find the dates you need in a timely manner.
- There are errors in the new counters in the journal entries. Fortunately, our auditors pointed out the error from the beginning.
Meaning of Journal entry & Journal entry Definition