Answer / n.sudhakar babu

For cash sales: cash a/c debit,sales a/c Credit
For credit sale:Debtos a/c debt, sales a/c Credit
For cash Purchases : Purchses a/c debit, cash a/c credit
For Credit Purchases:Purchases a/c debit, Credit a/credit
For Credit note:Creditor a/c debit, Credit to party a/c
For Debit Note: Debtors a/c creidt, Debit to Party a/c

Answer / r.thangavelu

credit sales: debtors account debit sales account credit
credit purchase:purchase account debit creditors a/c credit
debit note: sales account debit debtors account credit
credit note: creditors a/c debit purchase a/c credit

Answer / mr. muhammad imtiaz

in case of cash sales
cash a/c will b debit and sales a/c will credit
in case of credit sales
customer name a/c debit and sales a/c credit
in case of cash purchase
purchase a/c debit
cash a/c credit
in case of credit purchase
purchase a/c debit
supplyar a/c credit
credit note entry is same like crdit sales and debit note entry same as credit purchase . Read above credit sales and purchase entry

Answer / mohammadibrar

yes all answer is write

Answer / 007

goods purchased in company purchased enter goods sold in company sales entry , credit note sales return entry .debit note purchased return entry

on which product vat 14.5% applicable in maharashtra

1 Answers   Everlast Composites, Tyvek,

if Advance Tax is diposited by u Rs.200000/- TDS Deposited Rs.100000/- Assesment tax raised by It depart ment Rs.350000/- What will be the Journal entries?

3 Answers  

If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?

0 Answers  

waht is Entry Tax ? how to sett of vat?

1 Answers  

how we issue the road permit to seller for receiving the rearing material

0 Answers  

what is the objective of business taxation in private company?

0 Answers   Reliance,

what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?

0 Answers  

In a case one company has paid surcharge of Rs100000 by mistake. What are the remedies available to the companies.

3 Answers   M&M Associates,

I am register delear in Maharashtra state, I sold pulses to a register delear in Andrapradesh state. In Andra state tax is applicable on pulses, but in Maharashtra pulses are tax free, So I have to take "c" form from buyer party or not ?

1 Answers  

Can we debit cess & H.cess From Basic Excise Duty

3 Answers  

Pls advise if a client pays us - Rs. 3,43,00 after deducting 2% TDS 7000 on 3,50,000/- and our Invoice is Rs. 3,30,000/- then how we pas entry of the difference amount Rs. 20,000/-

1 Answers  

meaning of accessory for central excise purpose

0 Answers