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what is journal entry. Let me have the detailed with
example. Also the difference between the journal and payment
entry.
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Answer Posted / vidhya
All accounting transactions are recorded through journal
entries that show account names, amounts, and whether those
accounts are recorded in debit or credit side of accounts.
general exp alc dr
cash a/c cr
payment enteries
cash a/c dr
bank a.c cr
| Is This Answer Correct ? | 6 Yes | 1 No |
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