If we maintain inventory then if proprietor take the some
goods for personal Use then how to we do entry
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why profit and loss account debit balance appeare in the asset side of balance sheet?
11 Answers Genpact, HCL, Rites,
What is an adjusting journal entry?
What are the following types of accounts falls under in Accountancy? Can you please classify the following whether they are nominal ,real or personal account ? 1)sales tax account 2)Debtors account/Creditors account 3)Bank Overdraft account 4)Bills Payable Account/Bills receivable Account 5)Stationery Account 6)Purchase account 7)Loan Account
Why do you prepare a Trial Balance?
How calculate holding company account?
what is the difference between accounting and finance?
what is the meaning of 4X and 10X value in intraday market?
Name Financial Institutions available in Indian Industry to meet financial needs ? and their objectives ?
What are the contingent liabilities ?
what are different inventory and stock.
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
What is the definition of offset accounting?