When we are raised a interstate invoice then which type
invoice we are raised
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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 simkinsā 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.
WHAT IS PROSPECTUS?
21 Answers India Infoline, Joint Stock Company,
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
what is debtors?
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
What is mean by Corporate accounts?
5 Answers Cooperative Bank of Oromia,
Basic of Accounting Theory
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
Where we have to take the Director's current account, wages a/c, Accruals, sales tax payable in Balancesheet
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office
What is revaluation of Accounts, how does it is accounted in business