Answer / barodianbuddy(acca)

PURCHASE DR XX
PAYABLE S (NAME) CR XX

Answer / chku

Purchase a/c ....dr
to supplier a/c

Answer / divyagirantla1995@gmail.com

purchage accounts dr
To vender account

Answer / g.nagarjuna

Purchase a/c Dr
To seller business name
(Towards purchase of goods for credit payment)

Answer / ammu

2. Credit Purchase:-

Purchase A/c Dr.
To Party (Sundry Debtors) A/c
(Being purchase made for Credit Basis)

Answer / maruthi

credit purchase (name of person or comopeny) a/c Dr
To machinery or assets a/c

what is payment written

0 Answers   Accenture,

In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.

0 Answers  

what are the supporting documents of purchase entry and sales entry?

1 Answers  

what is the difference between accrued and due

1 Answers  

In Service tax Return ST-3 What is meaning of first Row (i) Service tax payable (a) Gross amount received in money (I) Against service provided Pls explain in detail

0 Answers  

I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

0 Answers   College School Exams Tests,

Outstanding bills entered under which groups in tally ?

2 Answers  

what is the golden principles of accountin

2 Answers  

A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.

0 Answers  

Do you know compound journal entry?

0 Answers  

Mention in simple terms what is the difference between asset, equity, and liabilities?

0 Answers  

What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?,

0 Answers