What will be entry if company purchase a dog for ware house?
Answer Posted / krishna rao
SECURITY A/C DR
CASH/BANK A/C CR
BECAUSE DOG PURCHASE FOR SECURITY PURPOSE,HENCE SECURITY
A/C WILL BE DEBIT & CASH & BANK A/C WILL CREDIT.
| Is This Answer Correct ? | 2 Yes | 7 No |
Post New Answer View All Answers
Expand---------PCDB
How can i prepare MIS report for Finance?
Define Payee
Expand ________FIPB
fd redeem interest and principal entry in tally
Who will be called as consignee
1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?
what is article of association? what is memorandum of association?
what are the different kinds of cash books
Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office
what is buy bach shares?
Hi friends ineed finacial analyst interview question Pls share it
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
What is limit of turnover for registering under CST & limit of Form 'C '
intorduse your self ? what to say if iam fresher.