Answer / akhil

Journal Entry
Dr. CASH /BANK
Dr. TDS EXP.
Cr. ACCOUNTS RECEIVABLE

Answer / ashish

cash a/c dr
tds a/c dr
to a/c recievable

Answer / sunny

cash / bank a/c. dr
advance tax a/c. dr
to a/c. receivable

Answer / max

Journal Entry
Dr. Cash
Cr. Accounts Receivable
Cr. Trade Discount

LIQUIDITY

1 Answers   Bank Of America,

---

in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.

0 Answers  

---

tell me the best way to minimize the cost of a company?

5 Answers  

---

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,

---

how to get a job in stock markets for MBA-FINANCE?

0 Answers   ME,

---

---

What is current ratio?

3 Answers   Hyundai, State Bank Of India SBI,

---

if issue the share capital what is entry pass the journal

5 Answers  

---

Manoj & Mahavir joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Manoj 90000 Withdrawals of Mahavir 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

3 Answers  

---

what is provisions ?

2 Answers   Dream One, SRL,

---

what entry can be done for the payment to auditor?

2 Answers  

---

What is the provision? What is the entry for provision?

0 Answers  

---

Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?

0 Answers  

---