if my company Purchases a raw material from other trading company and paid that amount by trading company owner account this case ? how to entry are reported?
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hi to all.... what is the treatment for Work-In-Progress in Tally...please answer for it as early as possible... thanks & regards
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What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).
purchased a laptop for Rs.50000 and received one calculator costing Rs.1000 for free. Both laptop and calculator (stationery in nature) are meant for office use.What will be the journal entry in the books of both the parties?
what would be the journal entry for outstanding salary of 15000 paid by advance salary of 25000??
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