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

expand V R D

2 Answers  

---

let me know the difference between net cash flow and income

0 Answers   BPO,

---

what is the script forms standard text in fico

0 Answers   Bosch,

---

what is the use of activity based costing, process costing, product costing, what are the steps followed for the same

1 Answers   Bosch,

---

What is the difference between journal ledger and journal proper?

1 Answers  

---

---

what are Equity shares,Preference shares,Bonus shares,Bond,Debentures,Dividend?

0 Answers   Mellon,

---

What do you mean by / what is fund management..?

2 Answers   Big Bazaar,

---

Pls Explain Accounting Standered 1,3,11,29

0 Answers  

---

list out the accounting concepts and explain the accural concept

10 Answers   Capital IQ, College School Exams Tests, SNE,

---

what is account & what is finance

0 Answers  

---

Expand MNS

1 Answers  

---

Amount received on sale of old news paper --------receipt

3 Answers  

---