Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is journal

Answer Posted / anil ahuja

Journal is basically used for transcation other than
transaction sale,purchase,cash,bank(exp rectification of
errors made through Journal Voucher and other provisions
also accounted far through JOURNAL)

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is profitability ratio and dividend policy ratio

2013


what is a state cheque? how it differes from stale cheque?

2415


Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?

2177


Do you know what are trade bills?

1387


Explain me some of the examples for liability accounts?

993


are tpt, freight & packing charges part of sales & purchase ??

2104


what are the basic elements to prepare a quarterly information system and how to calculate that items?

1749


How do you classify errors in accounting?

1117


Why does the accounting equation have to balance?

984


what is penaultimate sale

2000


what is the minimum & maximum amount paid by company per day

2065


1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,

1942


pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

1944


What is the acceptable accounting procedure when an error is detected in a general ledger account? Explain why such a procedure is followed?

2071


Compare financial accounting and cost accounting.

1064