What is the meaning of Journal Voucher? when u have to use
this transaction tell me breif?
- 4 Answers
- 26020 Views
- I also Faced
- E-Mail Answers
Answer Posted / radha krishna
Journal voucher means present expenditure or income,Future
payment or receipt that means present effect in profit&
loss account and Balance sheet but not effect in cash and bank
simply Journal voucher no cash and no bank
| Is This Answer Correct ? | 77 Yes | 20 No |
Post New Answer View All Answers
Explain what is ledger?
What is the difference between Accruals and Provisions?
Describe me accounting rules
Any body would tell me how to takeover withholding tax at the time of go live in sap fico
Tell me entries to revenues accounts such as service revenues are usually?
In accounting, vat abbreviates what?
As you know account executives need to be talented salespeople. Do you have experience making sales?
in terms of accounting the trial balance when is it taken?
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
How to prepare in yearly turnover?
Who is considered the father of accounting?
In accounting, how do you define the premises?
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
Do you know executive accounting?
What are control ledgers? What are the purposes of maintaining it?
