Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 5) If cheque is received from the tenant, journal entry=? 6) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

1 Answers  

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sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from office cash what will be the journal entry

8 Answers   Genpact,

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I have received a cheque from customer and i deposited into the bank next 4-5 days cheque has been bounced by the bank. Pls tell me what is reverce entry in the tally for cheque bounced and which option i will enter in journal or payment entry. Salary . is it direct exp or indrect exp.

9 Answers   Prime Focus,

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What will be journal entry of provision for income tax in current year and Adjustment entry in next year

14 Answers  

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As you know executive accounting?

0 Answers  

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my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.

0 Answers  

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if my company Purchases a raw material from other trading company and paid that amount by trading company owner account this case ? how to entry are reported?

0 Answers  

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Who was the first person to climb Mount Everest?

1 Answers   DMRC,

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how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.

0 Answers   Essar,

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when receieve cheque from a party and we deposite cheque in bank how do this entry

2 Answers  

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why the accounts as personal real and nominal

2 Answers  

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What is LIFO and FIFO ?

5 Answers  

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