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

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

Answer / mahes

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

Answer / gaurav bhardwaj

Journal entry is use of fund transfer.

withdrew cash for domestic use ?

1 Answers  

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How bank reconciliation statement is prepared

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why closing stock is not shown in trail balance

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15 methods of depreciation and its examples

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in bank statement what is the tras date? and value date? what is the difference?

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Explain what are the accounting events that are frequently involved in compound entries?

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What is a ledger?

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what do you mean by bank reconocilition statement

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Tell me in accounting, how do you define premises?

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