hello friends i like to know journal entry for one loan transaction ie if you purchase a car for EMI with initial payment how to make first entry & monthly entry any thing is there? pls reply to me.

2 Answers  

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I am confused with Capital Account and Drawings Account. Please show me "the general Journal Entries" and "Owner's Equity in Balance Sheet". (1) The owner increased his investment in the company by $10,000. (2) The owner increased his investment in the company by $10,000.

2 Answers  

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Why Company maintain's books of account?

0 Answers   Satyam,

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what is lease accounting?? please explain me....

0 Answers  

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How to pass an general entry for materials which are stored in warehouses??????

0 Answers   General Motors GM,

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what is IPO

13 Answers   Bank Of America,

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cost of normal waste of material under contact costing is debit to : 1)contract a/c 2) trading a/c 3) matrial a/c 4) profit and loss a/c

2 Answers  

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Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored

0 Answers  

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Three goals you wish to achieve in the next 5 years

1 Answers   Ambuja,

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What is the purpose of financial statements?

0 Answers  

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Tell me what would you say are the most important qualities of an account manager?

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what is reccission?how it is started

1 Answers  

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