accounting entry (Meaning)

Wordnet

accounting entry (n)

a written record of a commercial transaction

Synonyms & Antonyms of accounting entry

No Synonyms and anytonyms found

FAQs About the word accounting entry

a written record of a commercial transaction

No synonyms found.

No antonyms found.

The accountant made a meticulous accounting entry to record the purchase of new equipment in the ledger.

Each transaction requires a corresponding accounting entry to accurately reflect changes in financial accounts.

The double-entry accounting system mandates that every debit must have an equal and opposite accounting entry in the form of a credit.

The error in the accounting entry was promptly identified and corrected to maintain accurate financial records.