Transfer Entries | CMA Intermediate | CA Rochelle Dsa | LearnCab скачать в хорошем качестве

Transfer Entries | CMA Intermediate | CA Rochelle Dsa | LearnCab

Sometimes it is necessary to transfer an amount or balance of one account to some other account. We do this by means of a transfer journal entry in the Journal Proper. We use a Transfer Journal Entry to allocate an expense or revenue from one account to another. It is used to transfer funds between object codes within an account or sponsored project. A self-balancing ledger is one whose balances when extracted, form a complete trial balance. In other words, each ledger is self-balancing. Under this system, each ledger is maintained under the double-entry principle, i.e., the principle of double-entry is completed within the ledger itself. For more videos and notes sign up: https://portal.learncab.com/register Follow Us On: Facebook:   / learncab   Twitter:   / tweetlearncab   Instagram:   / learncab   LinkedIn:   / learncab   #CMAIntermediate #TransferEntries #ICMAI