Which type of transactions are used in TallyJournal?
Answers were Sorted based on User's Feedback
Not only in tally, in Journal we have to pass all the non
cash entries related to adjustment accounts and purchase of
assets on credit. Pl visit for more practical accounting
materials
www.therealaccountants.com
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / vivek mohan nair
In tally we use non cash transaction in journal but we can
also cash based transactions for that we have to make some
adjustment in accounting configuration / features.
Is This Answer Correct ? | 1 Yes | 0 No |
what are your current financial and accounting projects? What is your role?
What do u mean by accounting?
We had purchased 100 Electrodes @ Rs 20/- Each. After a year we found 2 Electrodes is missing by physical Count. My Question is what journal entry should we passed against missing of 2 electrodes.
A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.
what is accpunting ? What is intangible Accounting? What is Gross profit ? what is Net profit?
What are the effects of international accounting standards on accounting practices of developing nations?
What is LC?
what are journal entry of vat in sale transaction with example.
what do you mean by derivative ?
What is the difference between trial balance and general ledger?
Why Is The Distinction Between Product Costs And Period Costs Important?
What is accounts receivable?