what is receipt and payment ?

1 Answers  

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Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same

0 Answers  

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What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP

0 Answers   Cap Gemini,

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Any income which is earned in the financial year(2009-10) but received in the assessment year(2010-11) wil be taxable or not?

3 Answers  

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We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.

0 Answers  

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genteral interview question for accounting

2 Answers   Capital IQ,

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PAID TO SALARY FOR JASIL 1500.JASIL LOAN 500

1 Answers  

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what is cost unit n what is cost sheet?

0 Answers   Thomson Reuters,

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what will be the possible question for an interview in account post as a fresher

0 Answers  

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Discount payble and reciveble entries what type of vochars entry pleas tell...............

1 Answers  

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How to charged TDS on salary and How many charged percentage?

1 Answers  

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difference between provisions and reserves

6 Answers   Capital IQ,

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