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epurushoth
May 1, 2010, 01:02 AM
Hi,

I want general journal entries transactions.
What are all the transaction will take place in a company with Dr & Cr (i.e) which account is Dr & which ac is Cr entries for ex

Cash A/C Dr
To Share Capital A/C Cr

Help me with this

Thanks,
Purushoth

pready
May 1, 2010, 11:34 AM
Here is a list that will help to remember whether an account has a normal debit or credit balance:

D = Debits
E = Expenses
A = Assets
D = Dividends

C = Credits
U = Unearned Revenues
R = Revenues
L = Liabilities
S = Stockholders or Owners Equity

morgaine300
May 2, 2010, 06:58 PM
No one can give you a list of "all" the transactions that could ever happen - there a zillion different combinations of accounts that could be used together in an entry.

You cannot memorize them all. You need to learn how to interpret the transaction you get to decide which accounts will be used, and how they are affected, and then follow your rules.