what is journal entry ? please describe in detail.
Answer Posted / jashi
Journal entry is the posting of business transactions in the accounting books. A journal entry will have same amount of debit and credit.
when sales occured in a company, entry will be,
Cash A/c Dr
To sales A/c Cr
Is This Answer Correct ? | 21 Yes | 5 No |
Post New Answer View All Answers
hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?
What is account payee cheque? Expand ctc cheque?
Tell About ur self what will i say plz help me
Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?
What is the difference in accounting and marketing and what is so different about them?
In accounting, vat abbreviates what?
What is the use of accounting?
What was your average accounts receivable days outstanding/days sales outstanding?
in terms of accounting the trial balance when is it taken?
How can you made payment when bill come from vendor, what is the bills have you check.
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000
What is fitting and fixtures?
what is mean by sample account and data transfer rule in SAP FI?
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
Explain me what is general ledger account?