Question

Define Journal Entry.​

Answer 1

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A journal entry is the act of keeping or making records of any transactions either Economic{ or non economic. Transactions are listed 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.

Answer 2

Answer:

A journal entry is an entry made directly into the general journal. A journal entry uses a standardized format to indicate the accounts and amounts affected by each transaction. Each journal entry will have at least one debit and one credit as a part of the entry.