Answer / nawazsharif.safi

Journal is the book of original entry because every
Transaction is first written in the journal and which it is
Posted to the ledger at any convenient time.

Answer / arun kumar

journal is a preliminary book in which all the business
transation are first recorded in cronological order after
classifying them in debit and credit.
The classified information of all the business transation
is called ledger

Answer / bhuvaneswari

Transactions are first entered in this book to show which accounts should be debited and which credited. Journal is also called subsidiary book. Recording of transactions in journal is termed as journalizing the entries.

Answer / narasinga ra o

JOURNAL ENTRY MEANING IT IS A INTERNAL ADJUSTEMENT ENTRY

Answer / gnk

journal ledger means set accounts of copany

As per the accounting what do you mean by Fixed Assets?

1 Answers  

How do you value freehold property investment assets?

1 Answers  

What is Subsidiary book?Explain the different Books along with debit note& credit note?

4 Answers  

TDS ENTRIES IN THE HANDS OF PAYER & PAYEE

11 Answers  

what is payback period?

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Generally which method companies follow in stores? Like (FIFO,LIFO,Simple AVG,Weight AVG...)

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what is the working formula for Quick ratio

7 Answers  

Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

0 Answers  

FIND OUT wht is the price of 1kg rice , if total production of rice 15MT @35000/-(metric tunns)it includs vat 4%,excise tax 10%,fright 3000/-.

2 Answers  

what is accounting standard ?

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What is BRS, with an example?

4 Answers   Mellon,

Expand MNS

1 Answers