Tag Archives | Journal Entries

How to Record Journal Entries? | Accounting

This article will guide you to learn about how to record journal entries in accounting. Journals are the books of primary entry in which the transactions and events are recorded at the first instance. Entry means record of a transaction or an event in the journal. Journalisation is the first phase of the accounting process […]

Debenture Redemption Fund Insurance Policy (Journal Entries)

In this article we will discuss about the Journal Entries on Debenture Redemption Fund Insurance Policy. To get money for the redemption of debentures after a specified period of time, a company may take an insurance policy. It is called Debenture Redemption Fund Insurance Policy. Entries will be passed as follows:— Illustration 1: On 1st […]

Journal Entries on Issue of Shares

In this article we will discuss about the Journal Entries on Issue of Shares for Consideration Other than Cash. A company may issue shares for consideration other than cash. It may, for example, purchase some fixed assets for which it may make payment in the form of shares. Or it may take over a running […]

shopify traffic stats