Important Journal Entry Here! Welcome to JournalEntries .in, your ultimate resource for mastering the journal entries in accounting. Our extensive guides cover a wide range of Journal entries , including Basic, Compound, Adjusting, Closing, Reversing, Payable, Receivable, Accrued, Revenue, Expenses, Capital, Payment, Cash, Transfer, Reconciliation, Double, Salary, Bookkeeping, Sales, Purchase, Depreciation, Inventory, Trading, COGS, Tax, Cost, Financial, Investment, Reserve, Profit, Loss, and ... The following journal entry examples in accounting provide an understanding of the most common journal entries used by business enterprises in their day-to-day financial transactions. A Journal is a book in which all the transactions of a business are recorded for the first time. The process of recording transactions in the journal is called Journalising and recorded transactions are called Journal Entries . Every transaction affects two accounts, one is debited and the other one is credited. The journal is the fundamental record in accounting. See what it looks like and discover the ten basic accounting journal entries.
