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journal entries

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Querist : Anonymous

Querist : Anonymous (Querist)

13 December 2009 Hi,this is srini, cpt student. Basically i am a science student, i have some doubts regarding journal entries.....
1.)Do i need to memorize the journal entries of company accounts,branch,departmental, partnership or i need to apply accoring to golden rules.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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13 December 2009 Applying Golden Rules is a must. If you can apply these rules while forming journal entries; half of the journey of accountancy will be over.

Don't go fast for next chapter till you have mastery over journal entires.

If you do not "recognize letter S" while reading English; you will not be able to read English..

One more rule I wish to add:

Credit all Liabilities and Debit all Assets.

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