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What is accounting transaction?


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More Accounting General Interview Questions

Maintaining books of accounts (Cash, Petty Cash, Bank,

1 Answers  


I have raised a Invoice of Rs. 78964 including service tax rs. 964 in month of April and service tax paid to Govt for April month/ We have voide this invoice in May'12 due to services cancelled by the customer, pls let me know can we adjust this paid service tax amount in our May service tax payable....and how to pass voide bill entry.....

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companys act

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What is the meaning of contra entry

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What will be the general entry for purchase return? What will be the general entry for sales return?

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As per accounting standards, what is the meaning of "Short Term Liabilities and Long Term Liabilities:? As the Company can change the classification based on their business? Or these meanings are fixed?

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what is journal

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What is the difference between Invoice and Performa Invoice ?

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You own 50 shares of reliance indu. On 30th Jan 2013 Reliance indu.delcared a dividend fo rs 4 per share. The proceeds were credited to your bank account on 25th March 2013. Payment fo dividend was subject to a withholding tax 2%. Please pass the necessary journal entries in your books of accounts for the period Jan and March 2013.

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