Double-entry bookkeeping is the most common system of accounting. Every business transaction is made up of an exchange between two accounts. Thus, every journal entry is recorded with two columns.

Payroll journal entries record your workers’ pay alongside overall business expenses ... Payroll journal entries are the foundation of payroll accounting. They record each payroll-related transaction ...

Skinner. "Implications for GAAP from an Analysis of Positive Research in Accounting." Journal of Accounting & Economics 50, nos. 2-3 (December 2010): 246–286. (Presented at the 2009 Journal of ...