Answer / barodianbuddy(acca)

PURCHASE DR XX
PAYABLE S (NAME) CR XX

Answer / chku

Purchase a/c ....dr
to supplier a/c

Answer / divyagirantla1995@gmail.com

purchage accounts dr
To vender account

Answer / g.nagarjuna

Purchase a/c Dr
To seller business name
(Towards purchase of goods for credit payment)

Answer / ammu

2. Credit Purchase:-

Purchase A/c Dr.
To Party (Sundry Debtors) A/c
(Being purchase made for Credit Basis)

Answer / maruthi

credit purchase (name of person or comopeny) a/c Dr
To machinery or assets a/c

What is general entry credit purchase with discount?

9 Answers   Intelent,

Provison for payments (benefits received but bill not received at the closing of accounts)(utilites, Telephone, Rent)

1 Answers   Accenture,

amount drawn from propritors s b a/c Rs : 10000/-, intridused in propritors current A/c same amount, and same Rs :10000/- withdrawn by the propritors. please pass the entries for this transaction in double entry system.

2 Answers  

if my company Purchases a raw material from other trading company and paid that amount by trading company owner account this case ? how to entry are reported?

0 Answers  

What qualification do you need to become an accounting professional?

0 Answers  

asset = liab + equity , Asset = 120000 + 1 third of asset. what is asset value.

7 Answers   Vipro Lifescience Pvt, Wipro,

what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?

0 Answers  

Accounting periode is normaly one year, bot accounting periode is for 5 year is possible or not?plz list the name of organistaion whose accounting periode is 5 year

1 Answers  

What are the fictitious assets?

0 Answers  

1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS DEFFERED REVENUE EXPENDITURE?

2 Answers   Engineering, FactSet Systems,

On goods purchases of Rs.2,00,000 got trade discount of 20,000 from supplier, and the amounts paid to supplier is 1,00,000 in cash and RS.1,00,000 in check on the same day, what would be the general ledger entry ?

18 Answers   Genpact,

what is prime cost &overhead cost

1 Answers   ADP,