Interested to Buy Any Domain ? << Click Here >> for more details...
the bank revised the late payment penalty charges to $750
and to the borrowers A/C, pass the journal entry for the same
- 1 Answers
- 10687 Views
- Ocwen, Oracle, I also Faced
- E-Mail Answers
Answer / tapan kumar roy
First Bank Charges the amt now it is revised so,
when charges: Bank Charges A/C DR
To Bank
When Revised: Bank A/C DR
To Bank Charges
| Is This Answer Correct ? | 5 Yes | 6 No |
CONTIGENT LIABILITYES
11 Answers Accenture, Genpact, Siemens,
Difference between Wages and Expense?
Expand C R R
where do you get Capital Expenditures?
Expand---------DBPC
what is portfolio management? and what is zero based budget?
what is Balanceshet?
Why the closing stock will not appear in the Trial Balance?
Expand ---------HNSS
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
Accrued. What is it? Explain the word
why balance sheet should tally
Audit 
