What is journal entry

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What is journal entry..

Answer / kunal srivastava

The entry made in books of accounts which does not affect cash and bank is called journal

Is This Answer Correct ?    53 Yes 17 No

What is journal entry..

Answer / anand n r hassan

whenver we made a business transaction we have to pass an
entry relating to that in the concerned ledger book is
called as journal entry

Is This Answer Correct ?    25 Yes 8 No

What is journal entry..

Answer / satyaki_raju@yahoo.com

it is used to document a business transaction that
increases funds in one account and decreases in another
account with cash receipt or payment

Is This Answer Correct ?    21 Yes 12 No

What is journal entry..

Answer / tyagraj

an entry made in the journal

Is This Answer Correct ?    19 Yes 14 No

What is journal entry..

Answer / rakesh

journal entry means when we record the primary data on very
fisrt time in our account books is called journal entry

Is This Answer Correct ?    9 Yes 5 No

What is journal entry..

Answer / nithya

Each transaction affects a minimum of two accounts and is
recorded as a journal entry, often assigned a number for
reference purposes. Information in the journal entry would
include, the source, the date, a description of the entry,
what accounts are debited and credited and for what value. ...

Is This Answer Correct ?    6 Yes 3 No

What is journal entry..

Answer / vin

journal Entry mens daily entry journal mens Deily
therefour journal entries mens deily entry excluding
Payment, receipt , contra, pur & sales

Is This Answer Correct ?    11 Yes 9 No

What is journal entry..

Answer / dilip kumar

All the transactions which are recorded daily.

Is This Answer Correct ?    6 Yes 6 No

What is journal entry..

Answer / lavanya

A Journal Entry,in accounting,is aloogging of transaction into accounting journal items.

Is This Answer Correct ?    0 Yes 0 No

What is journal entry..

Answer / abdisalaam

journal entry is a book which in journolochical oder it's
called journal entry or orginal entry...

Is This Answer Correct ?    2 Yes 4 No

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Actually we had Posted P.V.C bills to Indian Railway the total bills amount is Rs.10,00,000/-, and government had passed only Rs. 8,00,000/- and gov. had said that there are no more P.V.c bills are lying outstanding in their a/c, so for now are claiming Rs. 2,00,000/- as loss on sale, i m totally confused what would be the impact on the Profit and loss a/c , and in which group it will come,if I do a entry of:- dr. Central sale @12.5% a/c Rs.2,00,00/- Cr. Loss on sale a/c Rs.2,00,000/- or Will i adjust the Cst@12.5% on Pricipal Value, or will i pass on the entry on total amount i.e Rs.2,00,00/- Plz guide,me soon.

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