Why is Interest A/c debited and Bank a/c credited when interest is charged by the bank?? Here I assume Its an expenses so interest is debited but I don't understand why bank is credited?? Bank is a personal account. Please explain this doubt?
2 4183rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
2130we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.
2124how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
1929Post New Accounting General Questions
What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...
Do you know balancing in accounting?
Which forms in use in service Tax, Excise duty and Vat for the return.
What is the difference between inactive accounts and dormant account?
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
Tell me what is “deposit in transit”?
How can I put Bank Guarantee Receipt entry in Tally ERP9?
Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.
Can you name any other accounting application?
What are accounting entities?
What is service tax & excise?
Tell me what is the difference between accumulated depreciation and depreciation expense?
what is differnce between balance sheet of a bank & a company
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
What are the accounting entries for branch accounts?