WHEN CREDITORS SHOULD BE COME UNDER DEBTORS IN WHAT
SITUATIONS EXPLAIN WITH EXAMPLES
Answers were Sorted based on User's Feedback
Answer / raju cma
When organistion received advance from supplier then a
Creditor should become Debtor
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / amit kumar
When Creditor became the debtor of the concern then
Creditor became the debtor of the concern.e.g. P & Co. is
also debtor and creditor of S & Co.
| Is This Answer Correct ? | 0 Yes | 0 No |
Explain about Fixed capital
explain Dual entry concept
i m purchasing some material from one company with tax invoice & i m also doing work with them on commission basic.Now what should i raised them? credit note or debit note? Is there any format for that?
Expand ________GDP
The following are details of an invoice from a foreign supplier of goods: 20 pieces of item X @ $ 20 per piece $ 400 20 pieces of item Y @ $ 5 per piece 100 Shippingcharges 40 Discount -80 Total $ 460 Total cost of above shipment of goods is Dh 2,300 which is made up of Dh. 2,070 representing cost of transferring the above invoice amount of $460 and the balance of Dh 230 represents other direct costs You are required to calculate the landed cost in Dirhams for ONE PIECE of item X.
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - razvinotes@yahoo.com
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
Expand M O U
Earning made by a business organisation outside the main operations are called----------------
State why you feel you are suitable candidate for the post applied
Expand ________FBT
If its is declared by auditor that business is not going concern that what journal entry will be pass?