sir if we make purchase and sale for the same pary for the
same amount what adjusting entry have to be passed to close
that entry in tally. while taking bill wise details we can
see the dr. cr.and have to cancell that
Answers were Sorted based on User's Feedback
Answer / nagachandra pattar
That is Not possible in Tally. For all that things u have
to maintain Excell Sheet. In Tally automatically Party A/c
becomes close for same amount purchase & sales. But it is
not possible to close Sales & Purchase A/c by passing J.V.
U have to show all your Purchases & Sales Separately.
Is This Answer Correct ? | 13 Yes | 2 No |
Answer / jaikrishnansnair
purchase ac dr 1000
to party 1000
party dr 1000
to sales 1000
jv
sales dr
to purchase
is it true or not.. ??
Is This Answer Correct ? | 3 Yes | 13 No |
correction of sundry creotors
what is accounting?
i am working in bajaj authorised dealer company my question is when we sale of two wheeler vehicale with finance what is the sale of entry can you say briefly(how to pass the sale entry in our books)
Which of the following are of capital nature? (a) Purchase of a goods (b) Cost of repair (c) Wages paid for installation of machinery (d) Rent of a factory
SIR HOW MANY FORM USE FOR COMMERCIAL TAX & WHAT IS THEIR USES. PLEASE GIVE YOUR SUGGEST
What is the difference between General Ledger and Trial Balance?
what is the difference between an A/C Payee cheque and a bearer cheque?
WHAT DOES MEAN BY RECONCILLATION EXCESS/SHORTAGE
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
we are paid advance to employee Rs.5000 for TADA. After Trevelling employee return Rs.500. please pass journal entry
Need to know the treatement of Pre-Operative Expenses and preliminary expenses. How would you differentiate these two?