Accountancy, asked by shrutibansal49251, 1 year ago

Journal entry of purchase a fan for proprietor's house

Answers

Answered by Arslankincsem
7

Journal entry is a procedure of entry to the journal.


Journal is a document or record that keeps accounting transactions in a documented form in chronological order, Ledger is a record that keeps accounting transactions by accounts.


Account is a unit to record and summarize accounting transactions.


Sample journal entry for purchase of fans worth Rs 15,000

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