Interested to Buy Any Domain ? << Click Here >> for more details...
what is journal entries
- 7 Answers
- 13019 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / u.uma bharathy
journal entries means what transaction has been made in
particular time.ex..ramu purchase the car at rs.5,00,000
the entry is
car a/c Dr
TO cash a/c... (being the car purchased at the
rs5,00,000)
| Is This Answer Correct ? | 15 Yes | 5 No |
Answer / shivendra dutt
journal entries is the primary book of acconting after this
we make ledger, trial balance, etc.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / k. phalguna rao
as per the accounting concepts jurnal entry is primary base
element of accounting
what ever the the transaction has been made like (Personal
a/c, Real a/c & Nominal a/c) we have to pass the a jural
entry
first we have to debit one account, with the same amount we
have to credit the other account is called journal entry
Exp1: Cash received from Ramu for Rs. 500/-
Cash A/c Dr 500/- (Real account)
To Ramu A/c 500/- (Personal account)
Exp: Interest paid to Ravi of Rs. 1000
Interest Paid Ac Dr. 1000/- (Nominal account)
To Cash 1000/- (Real Account)
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / girish narayan sah
Journal entry is nothing but recording a transaction in
primary book called journal book.
example:- goods purchase
Purchase A/C Dr
To cash/ party name(creditor)
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / sangeetha g
Journal entries : Its is records of Day to Day activities.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / pravin vats
journal entry means, any transaction except cash.
Ex- Goods purchased from beauty art prints
the entry will be
Purchase a/c Dr.
To Beauty Art Prints
| Is This Answer Correct ? | 5 Yes | 4 No |
Answer / rakesh jangid
journal enteries is a busseness book is there we have record busseness rel. Trazatsion and activities
| Is This Answer Correct ? | 1 Yes | 1 No |
If in Baance sheet Furniture is given @ rs.1200000. and an adjustment tells that half of the building is used for residential purpose... then what is treatment in accounts?
WHAT ENTRY PASSED IN BOOOKS OF ACCOUNT IF INVOICE BILING AS UNDER :. SUB TOTAL = 428325.45 VAT @12.5%= 53540.68 Additional vat 1%= 4283.25 ORDER DISCOUNT = (9722.99) ROUNDED OFF = 0.39 -------------------------- NET AMOUNT = 476426.00
examole of cash to cash contra entry
What is diffrence Between GPF and EPF?.. can anybody explain..?
How to create Donation entry In tally? Company donate Rs. 250000 to TATA MEMORIAL HOSPITAL
i want to wearies heads under direct expenses and indirect expenses
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
India me ,suppose that hmare pass 190000 Rs hai,to kitna tax lgega,or kis heshab se lgega,
Suppose salary of march paid in april then what are the entries to be made in Tally in march and april and salary payable ledger to be created under which group? and salaries to staff ledger to be created under which group? What will be the journal voucher entry and payment voucher entry?
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
If I need Finance from the Bank I need to give the CMA Format date, Can somebody help giving me this format ??
what is the difference between accrued and due
Audit 
