What is the entry posted for GRN (Goods received Note)?
If the stock received from the party what entry have to post
in books? And in which a/c it has been hit?
Answers were Sorted based on User's Feedback
1. Material (which u r getting material name) A/C Dr. XXX
To GRN A/C Cr. XXX
(Being Material received.)
2. GRN A/C Dr. XXX
Vat Recoverable Dr. XXX (If Inside state Purchase)
To Party XXX
To TDS Contractor Payable
(Being stock received from the party)
Inventory a/c has been hit
| Is This Answer Correct ? | 18 Yes | 1 No |
Answer / prasad
1. GRN a/c dr XXX
To Party a/c XXX
Being GRN received from the party
2. Inventory RM a/c dr XXX
To GRN a/c XXX
Being stock received from the party
**** Inventory a/c has been hit
| Is This Answer Correct ? | 6 Yes | 5 No |
what is reorder quantity and what is reorder Lavale?
Choose the right answer Which of the following is Nominal account 1.Sales 2.Customer 3.Dealesrship Deposit
What part can management policy play in the analysis of cost behaviour?
what is the difference between debenture and shares
Expand ------CELT
EXPAND_________SEAMEC
what is amortization
expalin Revenue and profit
Tell me about portpolio?
why was started accounting year as on April 1st
Name subsidiary books?
What is the concept of Loan against Shares (LAS) & ALBM?