If a company purchase the goods for rs. 100 and intends to
Sell it for 200.
What is the journal entry for this?
Answer Posted / nishar
Cash a/c Dr Rs.100
To Sales a/c Rs.100
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
What is Spin-off & spilts
In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?
how Mis reports are used?n why it is used ? explain
Tell me the steps for Import and Export Thanks
distinquish between liquidity ratio and asset management ratio
Expand--------TAO
Expand---------PED
define fixed assets
WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?
how to do the recurring entries or steps to follow that
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
How can fictitious assets be measured or valued?
Expand-------CAN
what is the procedure for issuing th C form
In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?