Who has to prepare credit note and debit note? whether the
account department or the concerned department like,
purchase department, sales department.
Answers were Sorted based on User's Feedback
Will prepare by the accounts department basing on the
information received from purchase department/stores department
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / lucky
THE CREDIT NOTE OR DEBIT NOTE RELATE TO PURCHASE RETURNS N
SALES RETURNS .DEBIT NOTE CREATE PURCHASE DEPARTMENT N
CREDIT NOTE SALES DEPARTMENT,SOME COMPANIES THIS TO CREATE
ACCOUNTANT.
| Is This Answer Correct ? | 0 Yes | 0 No |
2- What is the difference between cash book and journals?
As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?
How do you prepare a balance sheet from a trial balance?
if A company pay salary to X 10000 after deduttion of 2000 advance and12% PF . what is the entry of it.
If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the amount of purchase will be (a) Rs.80,500 (b) Rs.74,900 (c) Rs.74,700 (d) Rs.80,900.
What is trial balance? What does an accurate trial balance suggest?
One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?
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,
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
Why company use sap?
Explain an example of a tough decision you had to make quickly?
What are the different accounting entries generated in PP cycle.