Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
1067Post New Accounting AllOther Questions
wages posted twice what is the entry for that?
income from depreciated asset is profit or loss?
please tell me questions asked in NICMAR for the post of accounts executive
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
Hi frnds, can any one tell me how much funds has to be there to convince financially sound during the visa interview and what supporting documents has to be produced. What is backlogs means.....hope the best known will answer.
what are the different causes for discrepencybetween the balance of cash book and pass book
What is fixed liabilities
i want the difference p&l a/c and Income and expediture statement
Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
difference between vat 47 & vat 49
last date of tds deposit yearly,tds proforma challan
what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record
EXPAND___________NPO
Can v transfer trail balance to journal entry how and with example?
How to Calculate Mortgage?