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CULLMAN COUNTY COMMISSION MEETING July 12, 2016, CALL TO ORDER AND WELCOME Chairman Walker called the Commission Meeting to order at 10:02 a.m. CALL OF ROLL TO ESTABLISH QUORUM The County Clerk called
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Gather all necessary information such as transaction details, dates, accounts involved, and amounts.
02
Start with the date of the transaction and create a heading which includes the account titles being debited and credited.
03
For each transaction, identify the accounts to be debited and credited according to the accounting equation.
04
Record the amounts in the appropriate debit and credit columns, ensuring that debits equal credits for each entry.
05
Include a brief description or explanation of the transaction for future reference.
06
Review each journal entry for accuracy before moving on to the next transaction.

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All journal entries to refer to the formal records of financial transactions in accounting.
Typically, businesses and organizations that maintain financial records are required to file all journal entries.
To fill out all journal entries, you need to include the date, accounts impacted, debit and credit amounts, and a description of the transaction.
The purpose of all journal entries is to provide a systematic and organized record of financial transactions for accurate reporting and analysis.
All journal entries must report the date of the transaction, account titles involved, amounts debited and credited, and a brief explanation.
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