Journal entries accounting is the process of recording a business’s financial transactions. The most common example of this is the dual-entry system, where every transaction must be recorded twice: first as a debit and then as a credit in separate accounts. This process helps to ensure accuracy and verifiability of all financial records. Through journal entries, businesses can keep track of incomes, expenses, and assets, creating an up-to-date picture of their current financial position. By staying organized and properly recording these entries, businesses can ensure their financial well-being and protect their bottom line.