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Labour charges paid to labour party on tds rate ? May be deductable ? Example Iron purchase 16.500 mt. Per ton broking charges 200.00
1 2674We have an boat manufacturing company .we customer order one boat the cost is 1130 .we have received advance 500 balance he will give after giving boat can you give me journal entry cash A/c Dr 500 customer A/c Dr 630 To Sales 1130 is this entry is correct ?if not please give me exact entry
3 3517Period I :- Sales= Rs 15000. Profit= Rs 400. Period II :- Sales= Rs 19000. Profit= Rs 1150. Calculate : a) P/V ratio. b) Profit when sales are Rs 12000. Cc) Sales required to earn a profit of Rs 2000. d) Margin of safety in period II. e) variable cost in period I.
1 5136how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you
1629excess cash withdraw from bank for staff salary than remain amount deposited into bank., what will be journal entries for above transactions
2 4034I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.
1738Post New Accounting General Questions
Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
What is the provision? What is the entry for provision?
How can you define departmental accounting?
In South Africa, the value added tax is administered by?
how to see reoprt of miro booking in SAP FI
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
What is the entry for closing stock value reduction?
goods worth rupees 440 distributes free among the poor?
Did you use accounting applications at your previous companies or prefer working manually??
can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
Hey can any body tell me..What are negative assets?
What is executive accounting?
Under what type of account do the unearned revenues fall?
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
