Answer / osman

payable A/c Dr
To Respective party payable A/c

Answer / neha

cash/bank a/c dr
to respective payble a/c

Answer / hp

PURCHASE A/C DR.

TO PARTY A/C CR.

Answer / vijayender

1. At the time of booking expense:

Expense A/c Dr.
To Party A/c

2. At the time of making payment:

Party A/c Dr.
To Bank A/c

Answer / a.srikanthreddy

Respective payable a\c DR
To Cash/Bank

WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?

0 Answers  

---

WHAT IS IRR,NPV AND AT WHICH RATE THE PRESENT VALUE IS CALCULATED

3 Answers   FCI,

---

Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax

0 Answers  

---

What is meant by partitioning?

0 Answers  

---

What is Bill of Exchange.

3 Answers   Syndicate Bank,

---

---

BANK

2 Answers   Bank Of America,

---

What is an interest rate swap

0 Answers  

---

Company A has purchased goods worth Rs. 25000 from company B and made the cash payment of Rs 5000 and remaining will be payable with in 30 days. Assume that there is a late payment charge @ 2% on remaining amount as the invoice was received after due date from company B. Pass the journal entry in the books of company A for all the above transactions.

1 Answers   SSPL,

---

What is compound journal entry?

0 Answers  

---

what are the adjustment entries?

2 Answers   emc2,

---

What does mean is Profit & Loss Account Shows Debit Balance in Trail Balance ?

6 Answers  

---

what is Debit?

3 Answers  

---