why creditors a/c dr. to discount received a/c ?


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what are accounting concepts?

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What is the Entry of A Demand Draft is prepared for rs.4500 from UTI bank after bank charges?

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In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.

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How is the accounting for lease transactions done?

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What Is Depreciation, and from which date do we charge Depreciation for an asset ?

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we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls

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