what is Journal Entries?


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Salary to the employee comes under expense or liabilty to the co? how?

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In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.

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What is Summarising

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What is the Journal Entry for Prepaid Expenses and OutStanding Salary?

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do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

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Expand----------RRM

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what is Derivative?

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Expand----------MSRT

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