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)

Answer / shivendra dutt

journal entries is the primary book of acconting after this
we make ledger, trial balance, etc.

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)

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)

Answer / sangeetha g

Journal entries : Its is records of Day to Day activities.

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

Answer / rakesh jangid

journal enteries is a busseness book is there we have record busseness rel. Trazatsion and activities

defference between capital assets and fixed assets

3 Answers  

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