In real life, few transactions need journal entries. Rest will be handled by day books or automatic entries.

Suraj Lakhotia

Admin

13-Dec-20 05:17

What is automatic entries

Reetikaa R

CA Foundation

★ 4K+

14-Dec-20 19:04

When you visit a store, the person at counter scans a bar code and generates invoice. If the invoice system is linked to accounting system, the entry for sale and updation of inventory happens automatically.

Suraj Lakhotia

Admin

15-Dec-20 05:05