What must be true of every correct accounting entry?

Every correct accounting entry must adhere to the double-entry accounting system, meaning it must have equal debits and credits to ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced. Additionally, each entry must be properly documented with relevant supporting evidence, such as invoices or receipts, to maintain accuracy and transparency. Lastly, entries must be recorded in a timely manner, reflecting the actual financial transactions of the organization.