Answer Posted / sandeep
bad debts amounts is loss and assects loss amount not
received and loss by fire loss
accounts assistant
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Define Bill of Exchange
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Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000
A----------involves transfer of money or moneys worth from one person to another
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Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
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Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
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