Interested to Buy Any Domain ? << Click Here >> for more details...
What is general entry credit purchase?
- 26 Answers
- 34481 Views
- Infosys, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / pratik muley
PURCHASES A/C DR
TO PERSON (CREDITOR'S NAME) A/C
IF YOU PURCHASE ANYTHING YOU WANT TO CREDIT THE PURCHASER
NAME. AND DEBIT PURCHASE IN CASE OF BOUGHT ITEM FOR
SALES, OR PURCHASE OF ASSET YOU NEED TO RECORD ASSET'S NAME
(MACHINERY, BUILDING0)
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / shahid raza, pgdm,l.b.s,g.noid
Purchase A/c...... Dr.
To Creditors A/c...
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / vaibhav sharma
purchase a/c dr
to sundry criditors a/c
( Being cridit purchase )
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / sony
purchase a/c ............. dr
vat a/c.............dr
to person a/c
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / nirmal
Entry:-
Purchase a/c. Dr.
To vendor/ supplier a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shilna
I have found clear explanation about cash purchase and credit purchase entry with example, follow this post
http://tallygame.com/tally-erp-9/accounting-voucher/purchase/purchase-voucher-entry-in-tally-erp-9/
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / h.r. sreepada bhagi
First of all it's not General Entry, It should be Journal Entry.
Debit Purchases A/c
Credit the Supplier's A/c
| Is This Answer Correct ? | 1 Yes | 1 No |
what is Investment Fluctuation Fund? is it reserve or provison?
Do you know offset accounting?
what is the meaning of Cost center?
what is meant by statutory payments?
Explain have you ever prepared mis reports and what are these?
accounting effect for closing stock goods destroyed by fire and claim is given by insurance co
Following information is given to you: Year - Sales - Cost 2009 - 200000 - 205000 2010 - 300000 - 310000 Calculate: 1. P/V Ratio 2. BEP 3. The amount of profit or loss were sales are Rs. 325000 4. The amount of sales required to earn a profit of Rs. 5000 5. Margin of Safety for the year 2010
Hi Everybody, 1). Can anybody tell me the Journal entry for Bank charges Rs.100 and under which account it will come. 2). Received interest from Bank what is the journal entry, under which account it will come, Awaiting for soonest reply, Thanks, Khan
in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity
What is Trading Account? What is the significance of this account?
What is the use of 2a, 2b & 2c form in CST ?
1. If i receive one invoice from our contractor on 01.08.10 , but the invoice date 30.07.10. My question is in what date i should take into account this transcation (i.e 30.07. Or 01.08.10) 2. If i receive a cheque from our customer on 30.08.10 but its not possible to deposit in the same date, because of closing of bank hours, it is possible only to deposit the cheque on next day only. In this case which date i should taken for account the transcation.
Audit 
