Accounting

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

  Dictionary  »  Letter M  »  memo entry

memo entry

An entry without debit or credit amounts. For example, assume that a corporation has 100,000 shares of $0.50 par value common stock before a 2-for-1 stock split. At the time of the split a memo entry would be entered in the records stating that after the 2-for-1 stock split, the corporation has 200,000 shares of $0.25 par value common stock outstanding. No dollar amounts would be posted to the accounts in the general ledger.


» For more clarity on this term: 

  ← Go Back


Watch our new HD seminar videos (4+ hours) when you join AccountingCoach Pro.





Cheat sheet

Receive our popular 15-page Cheat Sheet at no cost when
you join our free newsletter:


First Name:
Email Address:

100,000+ have already joined