Received a cheque of Rs 75000/- from Kirthi traders on
behalf of anurag traders for material supply
Answer Posted / s.k.barat
There can be no different answer than that given by you
Mr.Satyaki but the question may perhaps be slightly
modified by stating that the material was supplied to
Kirthi Traders on instruction of Anurag Traders and that
though the sale was made to Anurag Traders, material was
diverted or sent to Kirthi Traders.This aspect was not very
clear though quite understandable.
The first entry:
Anurag Traders Dr.Rs.75000/-
To Sales A/c Rs.75000/-
(Being the material sent to Kirthi Traders as instructed by
Distributor)
might not have been understood.
| Is This Answer Correct ? | 2 Yes | 4 No |
Post New Answer View All Answers
explain about mergers & aquisitions? asked on 30/7/09
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
Expand ________FOR
What is compensation theorem?
what is Accounting Standers?
What are the general Ledgers?
How do the standards assist the users of financial report?
EXPAND_________SCM
What is combination?
an amount deducted from the catalog price for an item of merchandise is called?
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?
what is participation right is it a debt? or not?
give the examples of Error of Duplication?and Error of compensatin? with entries
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com