Answer / suhas1984

income related enteries comes in receipts and payment
related enteries comes in payment side, talking about the
journal entries if you are maintaining billwise detials it
is necessary to passed a journal entry for a particular
ledger to match.

Answer / sreedevi

receipts through cash or bank and even for payments also
pertaining to cash or bank comes in receipts and payments
and for these receipts and payments journal entries are not
passed

Answer / ravikumar

We are getting commission ,instead paying the commission.So
the Commission will be credited and the Bank A/C will be
debited

Answer / priya

we have received any amount from parties it will come in
receipt side ,any payment we made it will come in payment
side. Journal is the transcation of new datas.

Answer / narasimha rao

ERECEIPTS ENTRIES ARE COMES UNDER RECEIPTS.T RENT IS
RECEIVED THROUGH CHEQUE WHEN ENTRY IS
BANK A/C DR
TO RENT A/C

PAYMENTS ENTRIES ARE COMES UNDER PAYMENT COMMISSION PAID
THROUGH CHEQUE WHEN ENTRY IS

COMMISSION A/C DR
TO BANK A/C

what is the basic function of accounting?

2 Answers  

Expand---------SDRT?

0 Answers  

Expand---------RBT

2 Answers   Cognizant,

Difference between debenture and insecure loans?

5 Answers  

Expand------AAIFR

1 Answers  

how many category of valuation of shares?

3 Answers  

WCT ,TDS,Service tax ,costmor accounting

1 Answers   Ashiana Housing,

If interviewer ask that " Why are you leaving that job. so what should tell ?"

4 Answers   Genpact, JPMorgan Chase,

What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

0 Answers  

hello I want to know that how export any ledger to excell from tally 5.4

2 Answers  

Cn i know full information about ESI & PF.

3 Answers  

Short Answer on ________Preferential Creditor

1 Answers