Answer / shekar ravula

1. CASH A/C DR
TO SALES A/C

2. DEBTORS A/C DR
TO SALES A/C

3. CASH A/C DR
TO DEBTORS A/C

4. CREDITORS A/C DR
TO BANK A/C

Answer / satyanarayana raju

Respected guest try to learn about the natural positions
of ledger accounts and then answer

Suppliers, laibilities and income are always Debit natured
and cash is always on debit if you want to decrease the
value or close you have to reverse the natural positions. I
wrote a book specially designed to educate the commerce
students in depth if you want that pl send your mail
address to me
satyaki_raju@yahoo.co.in

Answer / guest

sals A/c Dr $2500
To cash A/c $2500


sales A/c Dr $5000
TO Debtors A/c $5000

Cash A/c Dr $2500
To Customers A/c $2500

Cash A/c Dr. $5000
to Creditors A/c $5000

I have raised a Invoice of Rs. 78964 including service tax rs. 964 in month of April and service tax paid to Govt for April month/ We have voide this invoice in May'12 due to services cancelled by the customer, pls let me know can we adjust this paid service tax amount in our May service tax payable....and how to pass voide bill entry.....

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