If We Paid 15000/- For Advertising Exp To XYZ Co,What IS The
Entry And In which Ledger It Entered? Is It Necessanry To Make
2nd Entry? Plz Discribe All.
Answer Posted / bhavna
Entry:
Advertising Exp. A/c Dr.
To XYZ Co. A/c
At the time of Payment :
XYZ A/c Co. A/c Dr.
To Cash/Bank A/c
| Is This Answer Correct ? | 18 Yes | 1 No |
Post New Answer View All Answers
Are there any questions you would like to ask?
Definition of push down accounting
What is difference vat
Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method
What are the steps to take before you approve an invoice for payment?
what is current rate of excies duty for a manufacturing company?
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
What are the columns of a journal?
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?
Tell me the stages of double entry system?
I am working in govt. sec. How to make journal entry in books for Fix Deposit
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
what is cost unit n what is cost sheet?
What is Prepaid Entry
What is the entry for closing stock value reduction?