Answer / manab

Creditor A/C ............. Dr
to purchases return


Sales return A/C ............. Dr
to debtor A/C

Answer / santosh

Purchase A/C dr
To cash(Bank) A/C

Cash A/c dr
to Purchase return A/C


Cash A/c dr
to Sales A/C
Sales return A/c
to Cash a/c

Answer / guest

for purchase return
Cash dr
To purchse ret.

For sales return.
Sales ret dr
To cash

A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

0 Answers  

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If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?

0 Answers   TATA,

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how we do calculate of closing stock for company. what is the process of calculation of closing stock.

2 Answers   NSL,

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Paid-up capital ?

2 Answers  

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Explain compound journal entry.

0 Answers  

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WHAT IS DEPRICIATION?

8 Answers   Genpact,

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I have an interview in a software company for the post of Functional test engineer. They want the person from bcom Back ground( i am a bcome graduate 2006) and the person Should have good accounts knowledge. Now i want to know What kinds of questions they can ask or can give in written Test. I m nervous coz its been 5 years i have done bcom. So How shud i prepare for interview.Please help?

0 Answers   Manufacturing, STG,

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7. Calculate the Selling Price: Cost is $ 30. Markup is 30% * Markup is based on cost * Markup is based on selling price

1 Answers  

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What is accounting & why it is used?

0 Answers  

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WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.

0 Answers  

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trial balance is not a conclusive..?

4 Answers  

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How to face the interview of account in mnc & other plz me adivce

2 Answers   Accounting, FactSet Systems, HCL,

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