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  1. Here are examples of transactions, their journal entries, and explanation on how we prepared them. Learn how to prepare journal entries correctly in this lesson ...

    • Chart of Accounts

      Before recording transactions into the journal, we should...

    • Trial Balance

      After analyzing transactions, recording them in the journal,...

    • Debit and Credit

      In accounting, an account is a specific asset, liability, or...

    • Dictionary

      This section contains various accounting terms, definitions,...

  2. The journal book must record every business transaction, which means entries need to be made. In accounting lingo, this is called a journal entry. We will provide you with 20 frequently asked journal entry examples on Google along with their logic.

  3. Accounting Journal Entries Review and Practice Materials. Basics of Journal Entries. Example 1: Financing Activities . Owner invested $10,000 in the company. Analysis of Transaction. Journal Entry. Debit. Credit. Cash. 10,000. Owner's Equity. 10,000. Description of Journal Entry. Results of Journal Entry. Example 2: Financing Activities .

  4. Previous lesson: Source Documents. Next lesson: Accounting Journals: The Books of First Entry. In this lesson we're going to learn exactly what a journal is and what it looks like, and we'll go over the basic accounting journal entries you need to know.

  5. An accounting journal entry is the written record of a business transaction in a double entry accounting system. Every entry contains an equal debit and credit along with the names of the accounts, description of the transaction, and date of the business event.

  6. Follow along as we explain journal entries in accounting, along with examples for depreciation, accounts receivable and accrued expenses.

  7. Journal Entries. Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account. This lesson will cover how to create journal entries from business transactions.

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