what is journal entries? explain
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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.....
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Journal entries are how transactions get recorded in your company's books on a daily basis. Every transaction that gets entered into your general ledger starts with a journal entry that includes the date of the transaction, amount, affected accounts, and description.
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