Answer / dinesh jangid

1. LOAN & ADVANCES A/C DR. 40000000.00
TO CASH/BANK A/C 40000000.00

2. INTEREST RECEIVABLE A/C DR. 1200000.00
TO INTEREST A/C 1200000.00

3. CASH/BANK A/C DR. 1200000.00
TO INTEREST RECEIVABLE A/C 1200000.00

Answer / udai raj

1) loan & advances a/c Dr.40000000
To cash A/c 40000000

2) Interest A/c Dr 1200000
To Interest receivable A/c 1200000

3) Interest receivable A/c Dr 1200000
To Cash A/c 1200000

Wages posted twice what is the entry for that?

2 Answers  

---

Is purchase itself a direct expense?

1 Answers   NAL,

---

who is the best faculty in hyderabad for sap fico with real time exerience. if you know please send me his contancts

0 Answers  

---

If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account

3 Answers  

---

Explain how the following transactions would be recorded in a cash book with Cash and Bank columns? i) Deposit of cash into Bank ii) Withdrawal of money from Bank for office use iii) Deposit of cheques (received from others) into Bank iv) Dishonour of cheques deposited into Bank I need a detailed answer..thanks..

3 Answers   ABC, Aroma, College School Exams Tests, IDA, Ignou,

---

Explain what makes a successful account manager?

0 Answers  

---

What is the method to determine / set the credit limit for the customer ?

3 Answers   Genpact,

---

What is inventory

4 Answers  

---

can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

0 Answers  

---

what is core Accounting? explan in brief?

1 Answers  

---

what is the eatery for the prepaid expenses Eg: prepaid rent

4 Answers   Amazon, C1 India,

---

plz tell me Agar koi co. ka exp. generate ho or uski payment cash se ki jaye to hume wo exp. book krne ke liye payment ki receipt leni jaruri hai bina receipt ke entry krna sahi h ya galat..??

4 Answers   XL Dynamics,

---