Answer Posted / shaik.sikander pasha
journal entries is a book of account where all business
transaction ill recorded in jounal entries
for example; paid salaries are electrical bills
so entries is
salaries a/c dr (It comes under nominal
a/c)
to cash cr
electrical bill a/c dr
to cash cr """"""""""""
we hav to enter like dis it is call journal entries
And its is easy to enter into ledger a/c to find the
amount of the customer statisfied
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
How can a shopkeeper maintain the daily data in tally
---------is the main or principle book of accounts
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
what is the step in preparing the schedule of audit? can someone explain for me?
i want the difference p&l a/c and Income and expediture statement
please explain the uses of internate protocol address(ip add)?
what is the difference between financial accouning and financial management?
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
how will you create the posting periods 3 and 5 or 5and 7?
What is combination?
cany anyone explaing what are the functions of an Account Officer/Manager?
Three steps for correction in BRS?
We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
EXPAND_________SCM