Answer / kumar.chand09@gmail.com

Because when we purchase something from outside and we must
have to pay against the purchasing items. so, only for that
reason to knowig the things or transactions between whome
will be occured we have to mentioned sundry creditors and
sundry debtors aging alalysis

Answer / gelli

Aging reports means Dr's or Cr's Pending amt showing below
types. Below 30 Days, 30 to 60 Days and Above 60 days konwn
as a ageing repotrs created in tally using F6 key <D-S-O-
P/R-F6>.

Answer / dasappa.s

When a company purchased a material or goods on credit basis
then creditors will arise and for debtors vice versa. The
pending amount from the Dr or Cr will be given some period
to pay that is aging period and on this the aging analysis
will be prepared according to payments maid by Dr or Cr
The creditors should show Liabilities said in Balance sheet
and Debtors in Assets said of the Balance sheet

Journal Entry
For Creditors
Credit Purchase A/C Dr
To Cash/seller A/C
For Debtors
Cash A/C Dr
To credit sales A/C

Answer / v. ondiveeran

Anything purchase the Credit Compulsary create the Sundry
creditors Account. That account item shown the Assets side
of the balance sheet. Any thing sale the credit compulsary
create the Sundry debtors Account. hat account shown the
Liability side of the balance sheet.

Creditors Entry:-
Material Purchase A/c dr xxxx
Creditors name xxx

debtors Entry:-
Debtor A/c dr xxxx
sales A/c xxxx

Regards

V. Ondiveeran.

Name three (3) fixed-income security types

2 Answers  

---

amount paid to rajiv as tour advice-2000

5 Answers  

---

Explain the statement:"Fixed cost per unit is variable but variable cost per unit is fixed".

1 Answers  

---

How many accounting standards are currently published?

0 Answers  

---

what is ledger

6 Answers  

---

What do you mean about TDS And Sale tax retrun

1 Answers  

---

please give me information about h form and c form used for which items?

8 Answers   Reliance, Sara,

---

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls

7 Answers  

---

wat is accounting entity

1 Answers   Capital IQ,

---

What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.

0 Answers  

---

The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above

1 Answers   Infosys, Satyam, Symbiosis,

---

What determines Capital flow across the countries?

1 Answers   Wipro,

---