Answer Posted / prathiba

Its Journal not general
Journal or registers books where the transactions are recorded in chronological order.
Its function is to record in a chronological order for each type of asset, liability, equity, revenue & expenses.
The journal is determined by the Chart Of A/c [COA].

Subsidiary books are the division of journal. All the eight registers we discussed are subsidiary books.
1.cash book
2.sales book
3.sales returns book,
4.A/c's receivables book
5.purchase books
6.purchase returns books
7.A/c's payables book
8.Journal proper.

how many times we can deposit the old currency in one a/c in the bank

1702

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Unrealised profit will be debited to ?

1455

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Differentiate accounting and auditing?

648

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what accounts payable applications are your familiar with?

725

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i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.

1421

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What is compound journal entry?

637

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How do you add/remove a payment block for particular invoice ?

1785

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say something about your school

2520

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How to pass the entry in tally for demolished of building?

2204

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Can you differentiate accounting and auditing?

635

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why i want to join Hawkins company

1806

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SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT

1784

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Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.

1744

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Explain things that fall under intangible asset?

643

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what is the deference between depreciation explanation

1704

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