Received from Krishna Murthy Rs 26500/- in full settlement
of due Rs 30000/-. Pass entry
Answer Posted / vijay_vij66
Received from Krishna Murthy for final settlement the Entry
has to be followed
Cash A/C Dr 26500/-
Discount allowed A/C Dr 3500/-
To Krishna Murthy A/C 30000/-
Being full and final settelment of the Murhty A.C
| Is This Answer Correct ? | 232 Yes | 23 No |
Post New Answer View All Answers
how to check which item is sold by the sundry debtors in tally?
how to do the recurring entries or steps to follow that
Explain significance of Nastro and Vastro in accounts?
selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety
in which group under we will open donation and hamali weekly payment account or ledger
What goals do you have in your career
in a every intervew asking one common question why you are living current employer, which is the best answer
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
Expand-------MTRS
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
what is operational risk and market risk in basel 2 norms.
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
EXPAND___________NAC
Short Answer on ______________Import Trade
what do u mean by single error and double error in accointing errors?