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  5. Requirements for Journal Entries

Requirements for Journal Entries

  • Life Cycle of a Journal Entry

    Determine Appropriateness and Necessity While most transactions can, and should, be handled through a ten, a journal entry into the...
  • Processing a Journal Entry

    Directive Statement This directive establishes the proper methods of entering and modifying a journal entry.  Please note that the last...
  • Supporting a Journal Entry

    Directive Statement There are two methods for providing appropriate support for a journal entry – journal entry descriptions and supporting...