if u r work in showroom as a accountant.
one day owner's friend is come into his showroom and he want
to buy a 1 track-shoot but he confused and he take 3 track-
shoot with us and reply he only pur. 1 track-shoot & 2
track-shoot return after 3 days. so now what is entry passe
in account.?
Answer / rahul vala
Only monetary transactions are entered in the books of Account . Hence, when he actual buy trackshoot only that transaction will be record in the books of Account.
| Is This Answer Correct ? | 0 Yes | 0 No |
Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
WCT DEFINATION
What is the nature of bank account: a) nominal b) real c) personal
we deposited securoty to a party and now due to us interest amount then party deduct TDS on interest but we not recive cash or in bank he credited our account in his books so what will be the journal entries in our's books.
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.
who is invented to accounting
EXPLAIN EACH SECTION PROVISIONS ON TDS?
what is mutual funds best way to answer?
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
What will be the journal entry for advance payments made to the other parties?
Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?