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 2738We 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 3609Period 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 5232how 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
1659excess cash withdraw from bank for staff salary than remain amount deposited into bank., what will be journal entries for above transactions
2 4101I 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.
1779Post New Accounting General Questions
what is consumer product accoutning?
What does the investment of personal assets by the owner will do?
Explain what is involved in the process of double-entry accounting?
Tell me what is an over accrual?
what are the limitations of accounting ratios?
Explain things that fall under intangible asset?
What is Time capital
Please advise how to calculate net asset....
What are the differences between contrast bookkeeping and accounting
accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.
What are the functions of manger -accounts and manager-finance? Explain in detail
what are your current financial and accounting projects? What is your role?
Why do you want to be an accountant?
Private purchases amounting to rs 5000 have been debited to purchases account
Explain what is the disadvantage of double entry system?