what is the jurnet entry ? why
Answers were Sorted based on User's Feedback
Answer / manojs
it's nothing but transactions of day to day activities of
business.
| Is This Answer Correct ? | 4 Yes | 2 No |
Journal Entry means recording of Transactions which will
effect the Books.
Journals entries can be passed only for non-cash items.
Bank Entries should not passed through JEs(Of course, in
ERP environment, it is possible)
This used to rectify the errors happened in one account to
other,
Closing Entries will be passed through JEs
Journal Entries are the one which will also be the deciding
factor for Profit Loss Account.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / anil
1 The entry that all voucher as sale,purchase cash & bank
reverse entery ( then entry worng )
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / sanju
The entry that is coverd under all voucher as sale purchase contra.
| Is This Answer Correct ? | 3 Yes | 5 No |
what is the differance b/w direct & indirect exp
What is Journal Entry for Provision for Leave Salary
4 Answers Bescom, State Bank of Mysore SBM,
What is the Meaning of Value Date in Bank Statement ?
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
what is meant by spin-off
what is the minimum & maximum amount paid by company per day
REPORATE
Define retail banking?
net worth is: 1)total assets less outside liabilities 2)total liabilities plus owner equity 3) current assets less current liabilities 4) total accumulated profit less liabilities choose correct and with deatail.
Are there any questions you would like to ask?
Differentiate between consignor and consignee?
What is the Journal entry for advance given 1000 from petty cash and 800 spent to puchase keyboard and mouse . 200 returned.