Small business users of QuickBooks may rarely, if ever, need to make a journal entry in their books. A journal entry splits a transaction into two parts, recording a debit for one account and an equal ...
Journal entries are necessary for adjusting the balances of ledger accounts for a variety of reasons, including recognizing accruals, liabilities and other expenses. If an entry posts incorrectly, it ...
Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.
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