Discussion: Journal Entry Case-study

Discussion: Journal Entry Case-study

Discussion: Journal Entry Case-study

Week 4 Project Instructions This is your third out of six journal assignments in this course. Write a 300–500-word journal entry covering the following: Identify two or three goals for this week that you have established for yourself related to Practicum II. Review and reflect on how you met these goals this week. Explain how you integrated two concepts or content areas from Week 4 into your practicum experience this week. Identify your area of greatest learning this week. Submission Details: Submit your journal entry to the Submissions Area by the due date assigned. Name your journal entry SU_NSG6630_W4_A2_LastName_FirstInitial

A journal entry is the act of keeping or making records of any transactions either  or non economic.

Transactions are listed in an  that shows a company’s debit and credit balances. The journal entry can consist of  recordings, each of which is either a or a . The total of the debits must equal the total of the credits, or the journal entry is considered unbalanced.

Journal entries can record unique items or recurring items such as  or bond . In , journal entries are usually entered using a separate module from , which typically has its own , that indirectly affects the . As a result, journal entries directly change the account balances on the general ledger. A properly documented journal entry consists of the correct date, amount(s) that will be debited, amount that will be credited, description of transaction, and unique reference number (i.e. check number)