42. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkins’ books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.

2 Answers   Amazon,

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Wat is the security analysys?what is portfolio management? wat is the difference between security analysys@portfolio management?

1 Answers  

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WHAT IS THIS ACCOUNT

12 Answers   Genpact,

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what is the opposite journal of account receivables?

1 Answers  

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Tell me something about you

3 Answers  

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on what basis exchange rates are decided?

1 Answers  

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what do you mean by dual aspect of accounting?

4 Answers  

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your purchases 10 Furniture from Other company, your starting own furniture business. each furniture value is Rs.1000/-, your business purpose use 2 furniture. and other furniture are sales purpose ! pls tel me Purchases Entry !

7 Answers   Genpact,

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What is wealth maximisation

0 Answers   Capital IQ,

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calculate the closing stock: if opening stock- rs.2327620 , purchase -23519280, direct expenses-1335225, sale:- 24884412, direct income :-286371

7 Answers  

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Sir i am fresher and i am going to join in an educational institution can you give me suggestions regarding how to work with Tally and what type of entry's may i get there.

1 Answers  

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