Explain me have you ever heard about tds, what it is?

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what is the journal entry of payment received after deducting tds?

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4- What do you mean by journals and journalizing?

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Journalize the Following: 2. Monthly credit sales were $ 35,000 3. Received Cash receipt payments on Receivables in the amount of $ 10,000. 4. Customers’ cheque in the amount of $ 100 bounces and was re-deposited. Book both entries. 5. Material is bought on account for £ 100,000. The exchange rate is Four pounds to One Dollar. Then, later, merchandize is paid for. The exchange rate is Five pounds to One Dollar. Book both entries in Dollar when merchandize is bought and when it was paid. 6. Materials worth $ 20,000 was purchased on account and paid for with 1% discount. Book both entries. 7. Record the purchase of Direct Material on Account in the amount of $ 20,000. Half of it was for stock and the other half for a specific job order. 8. Record the disbursement of $ 1,000 raw material to shop floor for use on specific job

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Do you know what is liabilities and what all does include in current liabilities?

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ambar became insolvent a dividend of 50 paise in rupee is received required journal entry for this transaction

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what is cash book

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Profit or loss on revaluation is shared among the partners in _______ ratio. (a) Old Profit Sharing. (b) New Profit Sharing. (c) Capital. (d) Equal.

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double entry system

1 Answers   Spedag Interfreight,

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What do you mean by Rollforward and open item in Accounts Reconciliation?

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What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?

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Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??

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