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maadhv patil


{ City } hyderabad
< Country > india
* Profession * accountant
User No # 84028
Total Questions Posted # 0
Total Answers Posted # 2

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Questions / { maadhv patil }
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Answers / { maadhv patil }

Question { 8230 }

1. If Ram Received Cash Rs. 900/- & Deducted Rs.100/- as
EPF. 2. Cheque diposited into bank Rs. 200/- against EPF of ram.

How many ledger should create under which & what will be the
entry ?


Answer

cash a/c..dr...900
epf 100
ram 800
amount rec by ram by deductuing 100 towards epf
)

epf...dr..200
ram..... 200

Is This Answer Correct ?    0 Yes 3 No

Question { 5859 }

what is the debtor & creditor, i am purchasing a good then,"
who is the creditor"


Answer

the person who purchase ids call debtors, the person who
sells is call creditor

Is This Answer Correct ?    5 Yes 0 No