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Accounting Entry Meaning In Bengali
Accounting Entry শব্দের বাংলা অর্থ কি: অ্যাকাউন্টিং এন্ট্রি
Accounting Entry
Definition
1) In the field of accounting, an accounting entry refers to the recording of a financial transaction in a company's accounting system. It typically involves entering information such as the date, amount, and description of the transaction into the company's ledger.
2) An accounting entry is a journal entry made by an accountant to record the financial impact of a business transaction. Each entry usually consists of a debit entry and a corresponding credit entry to ensure that the accounting equation (assets = liabilities + equity) remains balanced.
3) Accounting entries are essential for tracking and analyzing a company's financial performance, as they provide a detailed record of all the transactions that have taken place within a specific accounting period. These entries serve as the foundation for preparing financial statements and reports that enable stakeholders to make informed decisions.
Examples
Accounting Entry Example in a sentence
1) Each accounting entry must be properly documented for audit purposes.
2) The accounting entry for depreciation expense was recorded at the end of the month.
3) It is essential to understand the double-entry system in order to make accurate accounting entries.
4) The incorrect accounting entry resulted in discrepancies in the financial statements.
5) The accountant made a journal entry to correct the previous accounting entry error.
6) Accounting entries need to be made with precision to ensure accurate financial reporting.
7) A debit and credit must always balance in every accounting entry.
8) Understanding the principles of accounting entry is crucial for bookkeeping accuracy.
9) The accounting software automatically generates accounting entries for daily transactions.
10) The accounting entry for accounts receivable was posted to the ledger.
Synonyms
Encyclopedia
In the field of accounting, an accounting entry refers to the recording of a financial transaction in a company's accounting system. It typically involves entering information such as the date, amount, and description of the transaction into the company's ledger.
An accounting entry is a journal entry made by an accountant to record the financial impact of a business transaction. Each entry usually consists of a debit entry and a corresponding credit entry to ensure that the accounting equation (assets = liabilities + equity) remains balanced.
Accounting entries are essential for tracking and analyzing a company's financial performance, as they provide a detailed record of all the transactions that have taken place within a specific accounting period. These entries serve as the foundation for preparing financial statements and reports that enable stakeholders to make informed decisions.
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