Answer Posted / prathamesh.k.patkar

Journal proper is book of original entry (simple journal) in which miscellaneous credit transactions which do not fit in any other books are recorded.

The use of journal proper is confined to record the following transactions:-

Opening entries

Closing entries

Transfer entries

Adjustment entries

Rectification entries

Entries for which there is no special journal

Entries for rare transactions

Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not

6873

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how many schedules are there in accounting?

2170

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---------is the main or principle book of accounts

1806

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What is the Purpose of Preparing Bank Reconciliation Statement?

1988

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Feature of Master letter of credit of Garments manufacturing company?

1833

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is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

2002

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You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger

3328

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how many types of financial teribuanal? what is that?

1908

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What is meant by consignment

2060

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How to maintain Purchase Orders ? Please explain by proper format.

2176

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sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method

2328

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Expand---------SDRT?

1842

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Could u show me the sample TDS Document / Template

2043

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Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

2130

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why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

2393

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