what is the journal entry for cheque received from our
clients?
Answers were Sorted based on User's Feedback
Answer / sunil
Cash a/c
To party a/ac
(Bank are not dr )
Ager bank dr hua to wo party ka cheque sidhe bank me jayga ..humre pass nehi ayga .
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / george
Cash a/c Dr:
To Client a/c
{practically we convert cheque to cash,in bank}
| Is This Answer Correct ? | 13 Yes | 11 No |
Answer / rajesh
check receive dr
to receivable
receivable dr
to customer/client
Bank dr
to check receive
| Is This Answer Correct ? | 9 Yes | 10 No |
Wha is difference between expenses and expenditure
I have an interview on accounts payable.In my CV I have written I have done accounts related work including finalization And i worked on Tally So what kind of questions i am expected to receive in interview.
what is mean by debit purchase
5 Answers Capital IQ, Lycatel, Micro Matic, MM,
process for creating a balance sheet
Why don,t show the Closing stock in Trial Balance.
What is short term solvency ratio?
Please tell me entry for following bill. Goods 500 Disc- 10% 50 ---------------- Bill Amt 450
in Tally accounting programme where should I can make ledger for Work in Progress? under which accounting head? Eg. Debit will be under Current Asset a/c and what about credit? whether it is under Purchase a/c? or under Income a/c?
what is Assets & Liabilities ?
4 Answers College School Exams Tests, EDS, Focus,
why we transfer wages and salary in trading a/c,and why we transfer salary and wages in p/l a/c?
The following are the transactions with respect to goods traded by Gopal- i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash iii) Bought goods Rs.45,000 from Suresh & Co on credit iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000 v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs 9000) vii) Received cash from Gangadhar Rs.11,500 in full settlement. viii) Paid carriage charges on the goods purchased Rs.2,000. Find out the closing stock as on 31 -1-2005. Also, find how much is still due to Suresh?
What are the major difference between US GAAP & Indian GAAP.? Where US GAAP is exactly & highly differenciated from Indian GAAP..? Your answer will be highly appreciated. Thanks in advance.