What is the difference between journal ledger and journal
proper?
Answer / prathamesh.k.patkar
Journal proper is book of original entry (simple journal) in which miscellaneous credit transactions which do not fit in any other books are recorded.
The use of journal proper is confined to record the following transactions:-
Opening entries
Closing entries
Transfer entries
Adjustment entries
Rectification entries
Entries for which there is no special journal
Entries for rare transactions
Is This Answer Correct ? | 24 Yes | 7 No |
What is direct tax & indirect tax
what is depreciation?
Raman site engineer joined on 1-1-2009 in the company with an agreed salary of Rs 20000/-. On the joining date he was given advance of Rs 50000/-agreeing for adeduction of Rs 7500/- for month from salary. Pass salary entry till March,and let me know the advance balance as on 1st April
what is cc limit and what role accountant play to maintain it?
What is the relevant range and why is it important to a full understanding of the behaviour of costs?
Expand CCIT?
what is portfolio management? and what is zero based budget?
define fixed assets
What is miscellaneous expense and when it is used
EXPAND_________TOEFEL
I am going to attend an interview for the post of Sr. Accounts Officer in airport authority of india,pls help me to prepare for the interview
what is payment method?How many payment method we can assign to company code.