Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / tarjeet bisht
No,Because it will effect in our profit or loss
| Is This Answer Correct ? | 12 Yes | 1 No |
Post New Answer View All Answers
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
What all are the documents need to check for a supplier payment?
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
As you know account executives need to be talented salespeople. Do you have experience making sales?
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
Imagine you have to solve problems for multiple clients at the same time. How do you prioritize?
Explain me have you ever heard about tds, what it is?
Tell me what is the equation for acid-test ratio in accounting?
under which ledger should i make opening work in progess and closing work in progress
What is liabilities and what all does include in current liabilities?
What is process of Vendor Reconciliation and which items will be Add and Less from ad per customer books likes step by step 1-Credit Note shown in vendor a/c but not booked in our a/c- Add or Less 2-Debit Note not shown in vendor a/c but booked in our a/c - Add or Less 3-Invoices not booked in our a/c but shown in vendor a/c- Add or Less 4-Payment booked in our books but not shown vendor- Add or Less If our balance is plus or minus rules is same. like 20000, (-20000) Sir, Provide your mobile n for clarify
Why does the accounting equation have to balance?
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
