what will be the entry for recivables at 31 st march and
if they are paid after 1 month then what is the entry
Answers were Sorted based on User's Feedback
Answer / upendra reddy.g
March 31 pass the journal vocher
Receivable A/c dr
to party a/c
After one month pass the entry
Party accounts Dr
to cash or bank Accounts
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / r sumitra
it will be recorded in the B/R book.....can c/f to the next
accounting period
| Is This Answer Correct ? | 1 Yes | 1 No |
What is an Debenture
What is project implementation?
Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?
Do you possess any knowledge about accounting standards?
What is the equation for acid-test ratio in accounting?
in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity
X of Kolkata sends out goods costing 300,000 to Y of Mumbai at cost + 25%. Consignor’s expenses Rs 5000. 1/10th of the goods were lost in transit. Insurance claim received Rs 3000. The net loss on account of abnormal loss is (a) Rs.27,500 (b) Rs.25,500 (c) Rs.30.500 (d) Rs.27,000
In which expense we book the expense related to certification of ISO 9001 certificate & consultant fee.
What is meant by Deferred Asset?
Hi all, I am having a interview tommorow at MG Road HR personal interview for IBM daksh. Can any one tell me most likely asking question with the answers. Thanks in advace.
we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
What is capital?