Environmental Sciences, asked by catherinehasley13, 1 year ago

what is journal entries in accountancy

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Answered by Zisha7
4

Answer:

A journal entry, is keeping or making records of any transactions either it is Economic or non economic 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.

Answered by DakshGAMING
3

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.

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