Answer / mmsafreen

addvance payment for assect purchace

Answer / sudanivenugopal

Party account dr
To cash/Bank a/c

Answer / muhammad rizwan

If we pay a money to debtor in advance.
Debtor A/C
To Cash Or Bank A/c
And if we Purchase a Goods on Credit Basis then We will Record this entry in journal.
Cash or bank A/c
To Creditor A/c

Answer / afsal

for advance payment
advance a/c dr
cash a/c

for advance receipts

cash a/c dr
advance a/c

what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

0 Answers  

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Short Answer on _________Accounting

1 Answers  

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why do we charge the depreciation

0 Answers  

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i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

0 Answers  

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what is different b/w current a/c and savings a/c?

1 Answers  

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What is the procedure to become charted accountant in India now. Please answer this is urgent

0 Answers  

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what is the three basic rules of accounting?

3 Answers   TATA,

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WHAT IS INTEGRAL ACCOUNTING

0 Answers   Cognizant, Genpact, Integrated,

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what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?

0 Answers   UBS,

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Whats the difference between accounting concepts and conventions?

1 Answers  

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Dear sir i had been called for ntpc interview and gd next month..please guide me for it!

0 Answers  

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Who would NOT be considered "independent" in the context of an independent examiner?

1 Answers  

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