DEAR SIR/MADAM,
IF WE MAINTAIN 10 BRANCHES IN ONE COMPANY, CAN I ENTRY IN JOURNAL VOUCHER AGAINST INCOME & EXPENSE.
REGARDS,
GANESH KUMAR KASHYAP
GANESH KUMAR KASHYAP (Private Job) (206 Points)
07 August 2015DEAR SIR/MADAM,
IF WE MAINTAIN 10 BRANCHES IN ONE COMPANY, CAN I ENTRY IN JOURNAL VOUCHER AGAINST INCOME & EXPENSE.
REGARDS,
GANESH KUMAR KASHYAP
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5190 Points)
Replied 09 August 2015
Journal entries are made only for business transactions and adjustments of accounts only. But not income & expenses.