Answer Posted / bhuvaneswari
Transactions are first entered in this book to show which accounts should be debited and which credited. Journal is also called subsidiary book. Recording of transactions in journal is termed as journalizing the entries.
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME
where is suspense entry is entered in tally erp9
how can i make transaction related to inflation account in sap ?
Who is called consignor
Tell me about how you have left a position better than you found it
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?
A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch
company's total overhead expense is containing which are the expenses? Definition of overhead expense.
What is the accounting treatment for finance lease in lessee's viewpoint?
Comments Elements in accounting
what is article of association? what is memorandum of association?
difference between office expense and miscelleanous expense with some examples
cost accounting process
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production