Journal Voucher Entry in Busy 21 With 11 - Examples Part -9
Journal Voucher Entry in Busy 21 With 11 - Examples Part -9
A journal entry is a record of the business transactions in the accounting books of a business. A properly documented journal entry consists of the correct date, amounts to be debited and credited, description of the transaction and a unique reference number.
A journal entry is the first step in the accounting cycle. A journal details all financial transactions of a business and makes a note of the accounts that are affected. Since most businesses use a double-entry accounting system, every financial transaction impact at least two accounts, while one account is debited, another account is credited. This means that a journal entry has equal debit and credit amounts.
Time Stamp:
00:00 Introduction of Journal Voucher in Busy Accounting Application
01:47 Ledgers List of Account
02:05 How to pass journal voucher entry.
03:46 Question Number 1
07:06 Question Number 2
08:26 Question Number 3
09:26 Question Number 4
10:13 What is Depreciation
10:55 Question Number 5
12:05 Question Number 6
12:35 Question Number 7
14:05 Question Number 8
14:54 Question Number 9
18:07 Question Number 10
19:37 Question Number 11
21:41 Balance Sheet
22:11 Capital Account in Balance Sheet
23:01 Current Liabilities in Balance Sheet
24:01 Loss for the period in Balance Sheet
24:53 Fixed Assets in Balance Sheet
26:03 Current Assets in Balance Sheet
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