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The word "creative" means you do it yourself. The word "copied" means someone else does it for you.

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13y ago
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1mo ago
  1. Write a letter to your future self, detailing your goals and aspirations.
  2. Create a dream journal where you write down your dreams and interpret their meanings.
  3. Make a gratitude list where you write down things you are thankful for each day.
  4. Write a fictional story based on a recent personal experience, adding in imaginative elements.
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Q: What are some creative journal entries?
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What is the difference between journal entries vs adjusting entries?

Journal entries are recorded as soon as financial transaction occures while adjusting entries are made to rectify the previously made journal entries.


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Why is it important that companies make adjusting journal entries?

It is important to make adjusting journal entries as there may be some mistakes in original entries or company may created accrual entries which needs adjustments at the end of month or accounting period.


How do the adjusting entries differ from othe journal entries?

Journal entries are those entries which are recorded first time when any transaction occured while adjusting entries are only recorded when there is any adjustment required in previously created journal entry.


Should journal entries be listed chronologically?

Yes, all journal entries should be recorded in a order in which they occur so as per this all journal entries should be listed chronologically.


What are the proforma journal entries?

Proforma journal entries are hypothetical journal entries prepared before actual transactions occur. They help in understanding the potential impact of transactions on financial statements. These entries are used for forecasting and planning purposes.


General journal entries?

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What is a journal voucher?

The entries such as "Rectification Entries", "Adjustment Entries", "Closing or Opening Entries" and Making or Providing for estimates are passed through an internal document called Journal Voucher. Book Entries are classified as: 1) Purchase Order Based Entries - Booking expenses and liability via GRN against a P.O 2) Sales Order Based Entries - Booking Sales & Scrap Sales 3) Treasury Entries - Entries involving Bank or Cash 4) Debit Notes 5) Credit Notes 6) Journal Entries Journal Voucher is the document through which the Journal Entries are made into the books.


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The entries in a sales journal will show?

Entries in sales journal shows all the sales company has made on credit and no other transaction is part of sales journal account.