WHEN CREDITORS SHOULD BE COME UNDER DEBTORS IN WHAT
SITUATIONS EXPLAIN WITH EXAMPLES
Answers were Sorted based on User's Feedback
Answer / raju cma
When organistion received advance from supplier then a
Creditor should become Debtor
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / amit kumar
When Creditor became the debtor of the concern then
Creditor became the debtor of the concern.e.g. P & Co. is
also debtor and creditor of S & Co.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is direct tax & indirect tax
Sent debit note to Vijay traders for short supply of material Rs 4500/-Pass entry
Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry
You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.
Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it
how to see monthly entries in tally7.2
what in contingent liabilities
What is Direct Debit
who issues the indian accunting stANDARD
EXPAND_________SFC
define cost of goods sold
what is the deffered expenditure