How to create journal entry for anything
If mummy hits me with a slipper then what is going to be the journal entry for it?
SLIPPER A/C Dr.
TO HONOR A/C
(being slipper received from mummy and as my honor goes out)
Journal Entry for Love:
Girl Friend A/c Dr.
To Petrol A/c
To Cash A/c
To Gifts A/c
To Recharge A/c
(Being love expenses incurred and the Boyfriend declared insolvent)
Sent to all Commerce students. We will create journal entry for anything.
Commerce students are the most creative!