Define dual aspect term in accounting?

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Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received

0 Answers   IBM,

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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).

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Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.

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What is derivates and types of derivatives?

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if current liabity items shown in asset side of balance sheet then whats position of that company

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What is LC?

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What are the elements of the accounting equation?

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I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan

0 Answers   Genpact,

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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.

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What is accrual accounting?

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What is an 'Accrued Expenses

2 Answers   Cap Gemini,

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