Written on Dec, 10, 2011 by in | Leave a comment

Business Promotion Expenses means that all expenses incurred in respect of promotion of business. Though, all expenses relating to the advertisement and publicity also help to promote the sales of a business firm but there are so many expenditures which are not advertisement expenses even then they play very important role in maintaining  the prestige of the business firm.  For …

Written on Nov, 16, 2011 by in | Leave a comment

Journal voucher is prepared for the transactions which does not relate to sales, purchases, cash, bank, material returns.  Journal vouchers are prepared for the following transactions:- Opening balances Purchases of fixed assets and other assets on credit Sale of fixed assets and other assets on credit Depreciation on fixed assets. Purchase of any items relating to business expenditures on credit …


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