Answer Posted / earasathiru6
if ur purchased Machinery here on credit that entry is
machinery A/c Dr
To Party A/c
( Being machinery purchased on credit)
If ur purchased goods or material for consumption or selling
purpose on credit base that entry is
Purchase A/c Dr
To Party A/c
(Being material purchse on credit base)
| Is This Answer Correct ? | 26 Yes | 1 No |
Post New Answer View All Answers
who invented acounts?
what is absorbtion coasting?
proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario
Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?
Expand---------PCDB
SOUTH ATLANTIC OIL AND GAS INC.is a fraud company
what do u mean by comparative budget?
please give the sbi bank clerk exam paper model in last five years?
What is miscellaneous expense and when it is used
what is Contra Asset?
Short Answer on ___________fluctuating capital
Expand-------ANTS
What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.
Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??
How can we display last five years sales in tally
