Accounting Entry (Noun)
Meaning
A written record of a commercial transaction.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The accountant made an accounting entry to record the purchase of new office equipment.
- The financial controller reviewed the accounting entry to ensure it was accurate and complete.
- The accounting entry for the sale of goods was posted to the general ledger.
- The error in the accounting entry was discovered during the audit and corrected immediately.
- The accountant prepared the accounting entries for the month-end close and submitted them to the finance manager for review.