what is the entry for accounts receivables and accounts
payables? what is the entry for bills receivables and bills
payables?
Answer Posted / pallavi
1)Purchased 2500Rs of bike parts on accounts payable in 30days
Bike parts A/c dr 2500
To A/P A/c 2500
2)Collected Rs425 from customers A/c
Cash A/c Dr 425
To Customers A/c 425
| Is This Answer Correct ? | 17 Yes | 3 No |
Post New Answer View All Answers
what are the models of valuation of the company
What are the rates of Depreciation? Like machinery items, wooden items?
all of interview question about coop bank of oromia
what is the difference between cash flow and funds flow
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com
What is wealth maximisation
What is the difference between payable and accrual
how many types of financial teribuanal? what is that?
Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai
difference between vat 47 & vat 49
What are Mortgage Payment Problems?
What part can management policy play in the analysis of cost behaviour?
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
which Electrical items is Exciseible
why gross profit transfering to profit & loss account