1. Self Intro 2. What is journal Entries ? 3. What is Accurals ? 4. What is Depreciation ? 5. Golden Rules & Examples 6. Shift & Salary Discussion

Question

Accepted Answer

Journal Entries are records of financial transactions in a company's accounting system.

Journal Entries are used to record the debits and credits of a transaction.
Accruals are expenses incurred but not yet paid for, while Depreciation is the allocation of the cost of an asset over its useful life.
Golden Rules of accounting include Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.
Shift and salary discussions are typically related to work schedules and compensation negotiations.

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