What are day-books?
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Answer / d k gupta
day books is the details of company, firm anyone ! who is
summary of day by day working!
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Answer / govind
Day books are written up from sales or purchases invoices, usually in chronological order. Returns may be noted in the book, written-up separately at the back, or relegated to a separate book. Entries are usually cross-referenced to the invoices to which they relate and the particular supplier or customer's ledger account. Typical entries in a sales ledger (ignoring VAT) would be
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Answer / gigish mohan
Daily transactions are entered into the book regularly.
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Answer / sampath
Day book is nothing but journal entry.day to day transaction
entry in this book
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taken loan from Private person(Dec'2014) - Rs. 6 lac and already interest paid for the year 115200 but interest taken for A/c Rs.38400/-.(upto March2015). remaining amount for this year i.e. 76800/- how to enter in tally. please clearify
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