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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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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
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