8 thoughts on “Journal Entries in Accounting: Basics

  1. Manisha Kohli says:

    Good example to clear basic journal entry concept.

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  2. Gurdeep Sharma says:

    Very best examples for freshers. Point of view and the base is clear now for accounts. Thanks.

    Reply
  3. Vishwa lakshmi says:

    Hi Atul,

    I do have a doubt we will pass journal entry in tally as mentioned below can you please give explanation for below enrties

    Profeesional fee....dr 15,000
    SGST@9% ........dr 1,350
    CGST@9%........dr 1,350
    TDS on profession...cr 1,500
    Party name......cr 16,200

    Reply

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