Interested to Buy Any Domain ? << Click Here >> for more details...
You give a loan for your friend a 1000 rs he returns 600 rs
and u have to close ur accounts what should u do to close
the accounts? and given the journal entry for 400 rs?and
where will the 400 rs come in new account and entry for that
- 11 Answers
- 21618 Views
- Bank of Baroda, OPI Global, I also Faced
- E-Mail Answers
Answer Posted / chandramouli
When we have paid to Rs.1000 to friend for that
the entry is
Friend a/c Dr.1000
To Cash 1000
When we have receive rs600 cash & to settle the a/c
the entry is
Cash a/c Dr600
Bad DebteDr400
To Friend a/c 1000
| Is This Answer Correct ? | 12 Yes | 4 No |
Post New Answer View All Answers
What is the mening of uidnvhe.?
Who is called consignor
What Are The Characteristics Of Modern Accounting?
what is pre settlements and post settlements in Derivatives?
A----------involves transfer of money or moneys worth from one person to another
EXPAND_________SEB
Weather Entry tax on consumable goods purchased against CST
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
What is the basic difference between pledge, hypothication and mortgage????
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
how do you prepare the mis reports and prepare the one example report stating your accounts department proforma
i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?
what are the purpose for the preparation of cost centre ?
types of inventory
If i want to establish a company in which i want to manifacture and sell the Wine. So how many permissions i have to taken and who will issue those?
