what is the journal?
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Answer / naheem
this is a preliminary record of day to day business
transactions.which is to give affect to two different
accounts involved in business transaction.
(NAHEEM)
M.B.A
Is This Answer Correct ? | 8 Yes | 0 No |
Answer / suhasini modagi
Journal refers to , it is first step in maintaining
accounts transaction. Generally we enter all types of
account i.e purchase a/c, sales a/c, purchase return, sales
returs, cash a/c, bank a/c etc.
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / rajesh
Journal is a day book where the transactions are first time
recorded is in the book is called journal.
Is This Answer Correct ? | 2 Yes | 2 No |
Answer / prasanna kumara d s
Journal is nothing but posting of the business
transactional entries to books of accounts.
Is This Answer Correct ? | 1 Yes | 2 No |
what is the entry for rent paid to company, provision for taxes in your books?,
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Answered but misspelled pl correct A LIST OF ACCOUNTS IN WHICH TRANSACTIONS ARE POSTED ARE ____ ____ACCOUNTS(ANS.TRACH)
according to double entry system there are three types of account... so what is the nature of suspense account??
if the balance of the supplies account on January 1 was $500, supplies purchased during the year were $1750, and the supplies on hand at December 31 were $300, the amount for the appropriate adjusting entry at December 31 is?
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Expand ________GOPI
Can i clarify, whether VAT & Service Tax are Proffit & Loss A/c items (or) Balance Sheet Items.
how many types of depreciation?
Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000
why debit notes and credit notes are passed?
12 Answers IBM, TCS,
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