what is the journal?
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Answer / naheem
this is a preliminary record of day to day business
transactions.which is to give affect to two different
accounts involved in business transaction.
(NAHEEM)
M.B.A
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / suhasini modagi
Journal refers to , it is first step in maintaining
accounts transaction. Generally we enter all types of
account i.e purchase a/c, sales a/c, purchase return, sales
returs, cash a/c, bank a/c etc.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / rajesh
Journal is a day book where the transactions are first time
recorded is in the book is called journal.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / prasanna kumara d s
Journal is nothing but posting of the business
transactional entries to books of accounts.
| Is This Answer Correct ? | 1 Yes | 2 No |
For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production
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