franchise acc - dr
cash acc - cr
debit goodwill accountcredit cash / bank account
Journal entries are recorded as soon as financial transaction occures while adjusting entries are made to rectify the previously made journal entries.
general journal
Debit fixed assetCredit cashcredit rebate
debit us dollar purchasedcredit cash
debit basketballcredit cash
purchase a/c dr drawings a/c
The entries such as "Rectification Entries", "Adjustment Entries", "Closing or Opening Entries" and Making or Providing for estimates are passed through an internal document called Journal Voucher. Book Entries are classified as: 1) Purchase Order Based Entries - Booking expenses and liability via GRN against a P.O 2) Sales Order Based Entries - Booking Sales & Scrap Sales 3) Treasury Entries - Entries involving Bank or Cash 4) Debit Notes 5) Credit Notes 6) Journal Entries Journal Voucher is the document through which the Journal Entries are made into the books.
debit goodwill accountcredit cash / bank account
debit cash credit bills purchase
Journal entries are recorded as soon as financial transaction occures while adjusting entries are made to rectify the previously made journal entries.
general journal
Debit fixed assetCredit cashcredit rebate
debit stamp age purchasecredit cash
debit us dollar purchasedcredit cash
Debit Purchases / Goods purchasedCredit Cash / bank
what the journal entries of stationery at hand