what is journal entries
Answers were Sorted based on User's Feedback
Answer / u.uma bharathy
journal entries means what transaction has been made in
particular time.ex..ramu purchase the car at rs.5,00,000
the entry is
car a/c Dr
TO cash a/c... (being the car purchased at the
rs5,00,000)
| Is This Answer Correct ? | 15 Yes | 5 No |
Answer / shivendra dutt
journal entries is the primary book of acconting after this
we make ledger, trial balance, etc.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / k. phalguna rao
as per the accounting concepts jurnal entry is primary base
element of accounting
what ever the the transaction has been made like (Personal
a/c, Real a/c & Nominal a/c) we have to pass the a jural
entry
first we have to debit one account, with the same amount we
have to credit the other account is called journal entry
Exp1: Cash received from Ramu for Rs. 500/-
Cash A/c Dr 500/- (Real account)
To Ramu A/c 500/- (Personal account)
Exp: Interest paid to Ravi of Rs. 1000
Interest Paid Ac Dr. 1000/- (Nominal account)
To Cash 1000/- (Real Account)
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / girish narayan sah
Journal entry is nothing but recording a transaction in
primary book called journal book.
example:- goods purchase
Purchase A/C Dr
To cash/ party name(creditor)
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / sangeetha g
Journal entries : Its is records of Day to Day activities.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / pravin vats
journal entry means, any transaction except cash.
Ex- Goods purchased from beauty art prints
the entry will be
Purchase a/c Dr.
To Beauty Art Prints
| Is This Answer Correct ? | 5 Yes | 4 No |
Answer / rakesh jangid
journal enteries is a busseness book is there we have record busseness rel. Trazatsion and activities
| Is This Answer Correct ? | 1 Yes | 1 No |
What is the equation for acid-test ratio in accounting?
What are Wash accounts and suspense accounts and how do they operate?
Explain the meaning of long-term notes payable is or long term liabilities?
Dear Sir, We are operating a Security Agency, Please suggest us how to calculate holidays & Overtime duty, where we take 12 hrs, duty from guards in place of 08 hrs. duty. Please suggest us how to calculate. thanking you, suman
why only 6 months interest is charged on drawings
what is the difference between journal entry and journal voucher
What will be the journal entry for advance payments made to the other parties?
what is ccr rate
saji become insolvant -what is journal entry
what is journal entry of reserve for doutful debts.
i have selected jr. accountant/ auditor in ssc graduate level 2008 scheme b. but i have not yet received deptt. memo and also appointment letter. when it will be come??? how much time???
MY QUESTION IS OUR EMPLOYEE PAID SCHOOL FEES & TUTION FEES & BUS FEES FOR CHILD EDUCATION. IN WHAT KIND OF FEES WE TAKE DEDUCTION UNDER 80 C.