what is journal entries
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 |
i know that preliminary expenses are fixed cost but current or non current
how to enter in tally propritor has withdrawl cash from the business
How many ways can i increase paid up capital? Can i use retained earnings and change into paid up capital? If yes, what are the entries in the books?
Explain dual aspect term in accounting?
if current liabity items shown in asset side of balance sheet then whats position of that company
What is the Difference Between Sales Tax and VAT ?
When Tds is applicable to deduct and wht is rate for different work panel?
Write about the media role in daily life
Why intercompany reconciliation
discuss seperate determination concept
KINDLY EXPLAIN THREE TYPES OF ACCOUNTS WITH EXAMPLES
How P/E ratio usefull to the different people?
0 Answers Capital IQ, Reliance,