Answer / manisha

Journal is the primiry books of acounts
1. Jurnal
2. Ledger
3. Trial Balance
4. Balance Sheet
Every transaction starts with an journal. Journal gives a
details of transaction i.e. accounts debited, acoount
creditied & its narration.

With the help of Jurnal only we can prepared ledger, trial
balance & then balance sheet

Answer / govind

it is primary book. All transcatin first entered in journal
then it transferred to ledger. The balances of ledgers are
mentioned in trail balance. From there we can preprare
balance sheet.

The above is chrological order.

Answer / tej prakash sati

Journal is the source to transfer the balance to one
account to other account easily and it depends on the
different accounting softwares, i.e
Tally- We can transfer the balances from GL to GL, AR to AR
& AP to AP through Journal.
Oracle & SAP- We can transfer the balances from GL to GL
without affecting AR or AP modules.

Answer / ankita

journal is helpful for recording the day to day
transactions of the business.it is helpful for postings in
ledger.without journal further books of accounts cannot be
made.

1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.

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