Posted inStudy Material
Bank Charges Journal Entry: Meaning, Examples and Tally Entries
Banks charge money for various services. You need to write these deductions into your ledger books. This is referred to as bank charges…
Posted inStudy Material
Meaning of Sales Journal Entry: Format, Importance and Impact
Every business needs to record its sales in proper books. This helps to keep track of income and customers. The…
Posted inStudy Material
Journal Entries: Definition, Format, Golden Rules and Types
Journal entries are the first step in the accounting cycle. They record all business transactions in a written format. Each…
Posted inStudy Material
Sales Order and Purchase Order: Purpose, Example and Differences
Sales orders and purchase orders are important terms in business and accounting. Both of these documents track purchases and sales for a…
Posted inStudy Material
Issue of Shares Journal Entries: At Par, Premium and Discount
Journal entries for issues of shares are vital for company accounting. When a company raises funds by selling shares, it must…