Final answer:
When making journal entries, one must adhere to the double-entry bookkeeping system, ensure that entries are detailed and error-free, and consider the context such as the supply and demand in the financial market.
Step-by-step explanation:
A key rule to keep in mind when making journal entries is that each entry must have a corresponding and equal debit and credit, ensuring that the accounting equation (Assets = Liabilities + Equity) remains balanced. This is often referred to as the double-entry bookkeeping system. It is crucial that entries are concise yet sufficient to fully address the components of the journal, maintaining a high standard of writing quality free of grammatical errors or mistakes. For students, the process of creating journal entries often includes answering self-reflection questions for learning, tracking ideas and information for research, and considering the supply and demand side of the financial capital market before making calculations.