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What else can I help you with?
In bookkeeping, what is the record of original entry?
The General Journal
In bookkeeping, what is the record of final entry?
The General Ledger
If a company gives a director a loan of 15000 how do I record a general journal entry?
If a company gives a director a loam of 15000 you will record it on the debit section of the general journal entry.
What happens if the adjusting entries to the general ledger are wrong?
You would reverse the journal entry then record the correct entry.
What is the entry exam for general surgeons in certain countries?
WHERE - WHAT country
What are the types of journal entry?
1 - General journal entry2 - Adjusting journal entry3 - Month end adjusting entry
How believable would a generals diary entry about a battle be?
To start, a general's diary entry of a battle is a primary source, proving he was there at the battle. This proves that his/her diary would be very credible and believable. To prove this, the general was a complete eyewitness of the battle. So overall, a general's diary entry of a battle is very believable. I hope this was helpful!!
What is the journal entry that are paid on behalf the expenses not belong to company expenses?
There is no general entry for those expenses which are not belongs to company's normal operating business activities and no entry required.
Is a compound entry in the general journal is made to close expense accounts?
A compound entry in a general journal is any entry that has more than one debit or credit value. A compound entry is used to close the expense accounts because you will need to credit all of the expense accounts, then debit either the Income Summary, or the Capital itself.
What is another name for the general journal in accounting?
the information is entered in the general journal, which is called the book of original entry.
What is the general ledger journal entry for a refund?
Cash a/c to debtors a/c
What is the general journal entry for cash deposit?
Cash deposit to bank has contra entry as follows: [Debit] Bank account [Credit] Cash account
