Journal Voucher
KSK1995 (STUDING) (16 Points)
30 December 2018
what are JV'S and why do they arise,is it mandatory for every entity to maintain JV'S.
4 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 30 December 2018
a entry which does not involve any payment or receipt is routed through a J V. like depreciation wrie-off etc.
Kauta Ngulube
(2 Points)
Replied 30 December 2018
Journal voucher is a document on which important information is stored about an accounting transaction.
I feel it is mandatory cause it keeps a systematic record of financial transactions,provides information of debits and credits aspects of each financial transactions. it acts as an evidence on the future
I feel it is mandatory cause it keeps a systematic record of financial transactions,provides information of debits and credits aspects of each financial transactions. it acts as an evidence on the future
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