when does accounts receivable have a credit balance?
Answer Posted / arjunanag@rocketmail.com
1. if we received advanced payments.
2. we received interest.
at that time we show credit side.
Is This Answer Correct ? | 2 Yes | 4 No |
Post New Answer View All Answers
Expand CCIT?
recently release the 6.0 version not succede in the market why?
What will be the consequences if the partnership is not registered
what is portfolio Saint?
what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
i need sbi bank clerk exam model question papers
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
Under the accrual basis of accounting incomes are recognised at the time -------------------
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
what is transposition-cum-demat?
can u let me know how the bankers calculate interest on O.D.account
Short Answer on _________Financial accounting