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what is JV

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2011 what is JV in accounts.

i know it means passing entry but we never came across this while studying.
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Ravikant

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Ravikant (Expert)
08 January 2011 JV is Journal Voucher in accountancy...but why have your name as ANONYMOUS
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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2011 i know jv is journal voucher.
my qus is when we pass jv entry.



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Ravikant

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Ravikant (Expert)
08 January 2011 In simple words it is used to pass non-cash tranx entries,, for e.g. for provisions, depreciation, etc, which can't be passed in Receipt, payment vouchers,,

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