what is journal entries for Vehicle loan
settled with bank after Sale of the
vehicle on profit or loss in case the party
paid check direct to Bank .......???
Answers were Sorted based on User's Feedback
Answer / pushkar
Loan A/c Dr
to party A/c
Party A/c Dr
to Vehicle
to profit on sale a/c
cash/ bank a/c dr
To, Party a/c
Is This Answer Correct ? | 1 Yes | 1 No |
Purchased good from Sreenivasan company for personal use Rs.50000 What is journal entry
I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.
Purchases entry?
What is goods and what is assets for an organization.if the organization is an educational institute
Difference between P/L a/c and Trading a/c
Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
what is vendor setup?why it is required in accounts payable process?
What do you mean by ledger posting?
What is Capital Market India in your own Words?
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
Please give me as example of service tax & Vat Posting through Tally.