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Glossary Definition

What is a Journal Entry?

A Journal Entry is a record of transactions used in financial reporting to understand accounts and balances for a business.

Example:

Technology Expenses for Acme Holdings Debit Credit
Cash $5,000
Marketing Software $190
Sales Tax $58

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Corvee Blog

Read the latest tax planning thought leadership from Corvee.

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Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

View Strategies

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