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What is journal entry
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The entry made in books of accounts which does not affect cash and bank is called journal
| Is This Answer Correct ? | 53 Yes | 17 No |
Answer / anand n r hassan
whenver we made a business transaction we have to pass an
entry relating to that in the concerned ledger book is
called as journal entry
| Is This Answer Correct ? | 25 Yes | 8 No |
Answer / satyaki_raju@yahoo.com
it is used to document a business transaction that
increases funds in one account and decreases in another
account with cash receipt or payment
| Is This Answer Correct ? | 21 Yes | 12 No |
Answer / rakesh
journal entry means when we record the primary data on very
fisrt time in our account books is called journal entry
| Is This Answer Correct ? | 9 Yes | 5 No |
Answer / nithya
Each transaction affects a minimum of two accounts and is
recorded as a journal entry, often assigned a number for
reference purposes. Information in the journal entry would
include, the source, the date, a description of the entry,
what accounts are debited and credited and for what value. ...
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / vin
journal Entry mens daily entry journal mens Deily
therefour journal entries mens deily entry excluding
Payment, receipt , contra, pur & sales
| Is This Answer Correct ? | 11 Yes | 9 No |
Answer / dilip kumar
All the transactions which are recorded daily.
| Is This Answer Correct ? | 6 Yes | 6 No |
Answer / lavanya
A Journal Entry,in accounting,is aloogging of transaction into accounting journal items.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / abdisalaam
journal entry is a book which in journolochical oder it's
called journal entry or orginal entry...
| Is This Answer Correct ? | 2 Yes | 4 No |
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Actually we had Posted P.V.C bills to Indian Railway the total bills amount is Rs.10,00,000/-, and government had passed only Rs. 8,00,000/- and gov. had said that there are no more P.V.c bills are lying outstanding in their a/c, so for now are claiming Rs. 2,00,000/- as loss on sale, i m totally confused what would be the impact on the Profit and loss a/c , and in which group it will come,if I do a entry of:- dr. Central sale @12.5% a/c Rs.2,00,00/- Cr. Loss on sale a/c Rs.2,00,000/- or Will i adjust the Cst@12.5% on Pricipal Value, or will i pass on the entry on total amount i.e Rs.2,00,00/- Plz guide,me soon.
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