Difference between revisions of "Journal entry"
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==Definitions== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
− | :[[Journal entry]]. | + | :[[Journal entry]]. The transaction ([[debit]]s and [[credit]]s) that is recorded into a [[general journal]] once it is analyzed. |
==Related concepts== | ==Related concepts== |
Revision as of 15:32, 15 December 2018
Journal entry (or, simply, entry; hereinafter, the Entry) is
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Journal entry. The transaction (debits and credits) that is recorded into a general journal once it is analyzed.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.