Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / chandra sekhar
contra entry is nothing but wich accounting entry is
recorded on both debit and credit side of the cash book is
known as "contra entry".Ex
Bank a/c dr
To Cash a/c
or
Cash a/c dr
To Bank a/c
BY
CHANDU
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
What are Home Equity Loans ?
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
distinquish between liquidity ratio and asset management ratio
Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
Do you need an income statement if you do part time contract work at home?
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?
what is pre post expenses
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
HOW CALCULATE ADVANCE TAX ? PLEASE EXPLAIN IT ?IN CASE OF FIRM, IF WE PAID FIRST INSTALMENT OF ADVANCE TAX.
what is participation right is it a debt? or not?
Can u please give me example of bonds? is National savings certificate a Bond?
why gross profit transfering to profit & loss account
What is the working formula for Inventory turnover
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
