Answer Posted / monu aggarwal (monu.1526@redif
1. Goods Purchase a/c Dr
To Party's a/c
(Being credit Purchase of goods)
2. Machine Or Furniture a/c Dr
To Party a/c
(Being credit purchase of Assets)
Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
Explain what are the accounting events that are frequently involved in compound entries?
What is the abbreviation for the accounting terms debit and credit?
when dissoluction of firm why investment flchuationfund subtrect from book value
Accounting for vc money in financials
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
Tell me how can you define departmental accounting?
Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?
Tell us what kind of work environment do you prefer?
Why we debit expenses and credit incomes ?
Why is accuracy important in accounting?
India me ,suppose that hmare pass 190000 Rs hai,to kitna tax lgega,or kis heshab se lgega,
all ques. related to accounts?
Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.
How use Budget in SAP, i want to see the report of variant between budget and actuals.
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software