Answer / preethi .j

Debit balance in cash book & credit balance in passbook
indicate business has favourable balance in bank
Similarly credit balance in cash book & debit balance in
passbook indicate overdraft or unfavorable balance

I TRANSFERRED A STOCK OF RS. 100.00 FROM HEAD OFFICE DELHI TO MFG. UNIT OFFICE AT HARYANA AGST FORM F.AT BRANCH GOODS ARE PROCESSED AND ADDED VALUE OF RS. 80.00 AND TRNF BACK TO DELHI HEAD OFFICE FOR RS. 180.00 AGST FORM F FROM HARYANA . AND HEAD OFFICE SOLD THIS TO PARTY AT RS. 200.00 . I WANT TO KNOW HOW TO MAKE ACCOUNTING ENTRIES IN BOTH BOOKS HEAD OFFICE AND BRANCH OFFICE. TO SETTEL ACCOUNT AND TO CONSOLIDATE THE BOOKS AT THE END OF YEAR.

0 Answers  

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what is the journal entry for : cheque received from Mr A and sent for collection.

1 Answers  

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How calculate holding company account?

0 Answers   Reliance,

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What are the characteristic features of financial accounting?

0 Answers  

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After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?

0 Answers   Sky Link,

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ADR

1 Answers   Bank Of America,

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Under the accrual basis of accounting, when revenues are reported in the accounting period?

0 Answers  

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Please tell me entry for following bill. Goods 500 Disc- 10% 50 ---------------- Bill Amt 450

8 Answers  

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What is derivates and types of derivatives?

1 Answers  

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what is a promissory note ?

2 Answers  

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What will be the journal entries in case of tax collevted at source.

1 Answers  

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what is the difference between reserves & provisions and accumulated reserves & surplus

2 Answers   Neel, Wipro,

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