A sole trader run a business, and he takes every month fixed salary, he says this salary should not be affect in profit and loss a/c, he wants this salary transfer to his capital a/c, means he wants increased his capital - My question is as per the accounting system is it possible?  

1 Answers  

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definition of Accounts types of accounts debit and credit definition debit and credit rules accounting rules

1 Answers  

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What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%.

28 Answers   Ernst Young,

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Definition of accounts payable

3 Answers   Genpact, Infosys, MNC, TATA,

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What is GR form ? what its use please give me a details of GR ?

1 Answers  

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What is the main difference between Net Worth and Net Asset Value ?

2 Answers  

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In excise one dealer gives us two invoice. one is only tax invoice and other is duplicate for transporter.and both are are the different serial no so in which bill is posted in accoounting transactions.

1 Answers  

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who is payee?

2 Answers  

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Transport expense were reimbursed by the supplier Pass journal entry

1 Answers   Satyaki Educational Academy,

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What is the use of form D in sale tax

0 Answers  

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what is a finance

5 Answers   Accenture,

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what is balance of trade

1 Answers  

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