Interested to Buy Any Domain ? << Click Here >> for more details...
P2P cycle with which accounts get effected at each stage
- 1 Answers
- 15183 Views
- Accenture, Apple, Genpact, L&T, Maruti Suzuki, Meru Cabs, TATA, I also Faced
- E-Mail Answers
Answer / vanisri
1 Creation of Requisition
No Accounting
2 Creation of Purchase Order
No Accounting
3 Receipt
Receiving A/c
AP Accrual A/c
4 Devlivery
Raw Material Sub Inventory A/c
PPV A/c
Receiving A/c
5 Invoice matching with PO
AP Accrual Liability A/c
Invoice Price Variance A/c
AP Liability A/c
6 On making Payment
Liability A/c
Cash
| Is This Answer Correct ? | 18 Yes | 3 No |
what is use of cost center category in tally ? why & when use this ? what is benfit ?
what is penaultimate sale
Explain the Steps to transfer the data from AP to GL
give me some simple examples of personal account, real account, nominal account
"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.
Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-
Is petty cash book is compulsory in all companies?
WHY DON'T WE TAKE BANK AND CASH ACCOUNTS INTO REALISATION
what is depriciation, and its method
Sold goods to Gasha 600 by cash
what is a corporate chart of accounts and its purpose?
how to prepare for accontant examinations
Audit 
