What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance

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What is a ledger in regards to accounting?

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What do you mean by Rollforward and open item in Accounts Reconciliation?

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Company Providing Mobile handset to all employee on free of cost and returnable basis while leaving the job. My query is- how i account the above transaction - under fixed asset or mobile expenses- ( indirect exp) or staff welfare ( indirect exp ) Kindly suggest

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amount paid to rajiv as tour advice-2000

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when a customer buys a good. we have to debit bank and credit inventory equaly. but wouldnt selling a good make a profit?

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wht is different between defered tax liablities and defered tax assets??????

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How to generate sale invoice in tally (cost of the Item is Rs.25000/- VAT applicable 14.5%

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How many types of accounts may be in a company.

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which report give the data of GL with materials details in sap?

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you have get 100RS but no 10RS note is required & there should be only 10 notes

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WHAT IS MEANING OF PROVISION

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