general entry for credit purchases, credit sales, golden
rules of accounting,what is contribution.
- 11 Answers
- 20964 Views
- Genpact, LG, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / anurag
purches account dr
to sales account
,
sales account credit to ramesh account,
debid what comes,credit what goes out.
debid the giver,credit the reciver.
debid all loss and expences,cradit all incom and gain
| Is This Answer Correct ? | 1 Yes | 3 No |
Credit purchase entry
Different ways to Query the Invoices
salaries due for the month of march will be recorded in
Do you use social media to identify prospects?
How to post advance paid to a supplier in oracle jd edwards
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
How to make payment for single invoice and multiple invoices
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
What are the major components of country's trade account?
0 Answers Franklin Templeton, Industries Promotion Officer, Wipro,
what are cost accounting and its applications?
Tell me in which account does the unpresented cheque will get recorded?
Should purchase of Hard Disk and DVD be capitalised?
Audit 
