Which account needs to be debit and which account needs to be credited is a matter of Accounting principles. Typically a journal entry refers to a financial transaction where one account is being debited and another account is being credited. What are ledgers involved in a journal entry.Once you go through the pass you can will understand how the journal entry quite well. That is because of lack of knowledge of accounting rules and lack of a guidance from a professional and experienced mentorīefore I teach you how to pass a journal entry in Tally.ERP 9, It should be better to know the steps which are needed to understand. Journal entry in Tally.ERP 9 is one of the simplest things which one can do without any serious efforts if the person knows a little bit of basic rules of accounting Though most of the people feeling unnecessary confusion in Journal Entry itself.
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