Interested to Buy Any Domain ? << Click Here >> for more details...
What is the journal entry for goods sold to Mr A in 1 month
credit of rs 5000. and also pass entry for non repayment of
money after 1 month by Mr A. (What entry will come for this?)
- 3 Answers
- 13868 Views
- Airtel, Siemens, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
A Dr. 5000.00
To Sales Account 5000.00
(Being Goods Sold on Credit invoice No....... for one month
credit)
there is only one entry pass coz no need for repayment entry
| Is This Answer Correct ? | 23 Yes | 0 No |
Answer / max
Revenue Journal Entry
Debit Credit
Accounts Receivable 5,000.00
Sales REvenue 5,000.00
To record Sales on account
No entry to be passed for non repayment. The 5,000.00 collectible will still remain in Accounts Receivable
| Is This Answer Correct ? | 8 Yes | 8 No |
Answer / simarvir
Mr.A a\c dr 5000
To sales a\c 5000
cash a\c dr 5000
To Mr.A a\c 5000
| Is This Answer Correct ? | 7 Yes | 11 No |
What is the entry to be made when any service tax is paid for any vehicle hired or any service used when tax is included in that bill
if the chq is dishonored which entry will be passed???????? give example entry
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
What are mis reports?
What is customer account?
interest received comes under which head
How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?
if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explain
There is no item category assigned to account
what is secondary market?
What are the various systems of accounting? Explain them.
pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.
Audit 
