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
What is the procedure to become charted accountant in India now. Please answer this is urgent
Give a brief explanation of the fundamental accounting concept of prudence
Expand---------NMOP
hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc
what is absorbtion coasting?
What is DECR And for wt it is used?
What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school
what are the content of purchase order?
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
Who will be called as consignee
Total numbers of companies listed on stock Exchange?
You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6
How can we calculate the total income of the company.
what happens to each of the three primary financial statements when gross margin decreases?
interest paid comes under which head