Journal entry
Date account and explanation Debit credit
Cash 920
Unearned catering revenue 920
A magazine entry is a record of a business transaction for your business books. In double-entry bookkeeping, you're making a minimum of two magazine entries for every transaction. Due to the fact, that a transaction can create a variety of changes in an enterprise, a bookkeeper tracks all of them with magazine entries.
An example of journal access consists of the purchase of machinery through us of an in which the machinery account will be debited, and the cash account can be credited.
An instance of a magazine is a diary in which you write approximately what takes place to you and what you're questioning. An instance of a magazine is the new England magazine of medication, in which new research is posted which might be applicable to doctors and medicinal drugs.
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