The following journal entry examples in accounting provide an understanding of the most common type of journal entries used by the business enterprises in their day to day financial transactions. Passing the journal entries is very much required as they allow the business organization to sort their transactions into manageable data. It is basically the summary of debits and credits of financial transactions with a note of which accounts these financial transactions will affect maintained in the chronological order.
What a busy day today! I never had a moment’s rest. The day started with my alarm clock blaring at 7am. I had to be at the Fernando's house by 8am to baby-sit. I really didn’t want to wake up so early on a Saturday, but I’m saving money to buy a new iPod and couldn’t say no to an all-day babysitting job.
As a writer, aside from enjoying the many benefits of journaling for my mental well-being, I find that keeping a daily journal is a great way to organize my thoughts, think of great ideas, and learn to live in the present moment.
When I arrived at the Smith’s house, both kids were already awake. Madison was watching cartoons in living room and Jacob was playing with his Legos in his bedroom. The kids were hungry so I made them some oatmeal in the microwave and we all ate breakfast together.
We had to leave right after breakfast for Jacob’s soccer practice. Luckily, the Smiths only live a couple blocks from the soccer field so we just walked there. It was a lot of fun watching Jacob play soccer. He’s very talented. I was worried that Madison might be bored, but she stayed busy by playing her Gameboy while Jacob practiced.
When practice was over, we went back to the house to make lunch. It’s always a breeze to make lunch for the Smith kids because they love chicken nuggets and French fries. All I had to do was pull the food out of the freezer and bake it in the oven.
After lunch, I planned a special surprise for the kids...I took them to see the new Disney movie. The movie theater is a few miles away from their house so I had to call my mom to pick us up in her car and drive us there. The kids loved the movie; they couldn’t stop laughing. I have to admit that I thought it was pretty funny too. The only bad part was that the theater had the air conditioning cranked up and it was freezing cold!
My mom picked us up again after the movie and took us back to the Smith’s house. We had only been back for a few minutes when Mrs. Smith came back home. I didn’t expect her home so soon, but she was back early because the power went out at her office.