what is journal entry ? please describe in detail.

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what is journal entry ? please describe in detail...

Answer / jashi

Journal entry is the posting of business transactions in the accounting books. A journal entry will have same amount of debit and credit.

when sales occured in a company, entry will be,

Cash A/c Dr

To sales A/c Cr

Is This Answer Correct ?    21 Yes 5 No

what is journal entry ? please describe in detail...

Answer / ratisankar

NOW A DAYS THREE TYPES OF ENTRIES ARE FOLLOWED IN CORPORATE SECTOR JOURNAL,RECEIPT,PAYMENT BECAUSE THEY FOLLOWED ACCRUAL BASIS OF ACCOUNTING JOURNAL IS NOTHING BUT THE DUE ENTRY WHERE
CASH AND BAND DOES NOT AFFECT SO FOR SALES TO RAM FOR 10000
RAM A/C-----DR
TO SALES (DUE ENTRY)THIS IS JOURNAL
WHEN MONEY IS RECEIVED THEN RECEIPT ENTRY WILL PASS
cASH/BANK A/C------DR
TO RAM

Is This Answer Correct ?    3 Yes 3 No

what is journal entry ? please describe in detail...

Answer / mahes

ANY TRANSACTIONS MADE WE ARE ANALYSIS TRANSACTION TYPE CASH
OR CREDIT, RECEIVED / PAID FIND THE CORRECT PLACE PUT THE VALUE.

Is This Answer Correct ?    0 Yes 4 No

what is journal entry ? please describe in detail...

Answer / gaurav bhardwaj

Journal entry is use of fund transfer.

Is This Answer Correct ?    0 Yes 5 No

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