journal entries
This query is : Resolved
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.
1.)Do i need to memorize the journal entries of company accounts,branch,departmental, partnership or i need to apply accoring to golden rules.
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.
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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Tax on Amount transferred in HUF Account
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
