a purchase of Rs.750 from raghubir has been debited to his account.purchase account has been correctly debited.
Answer Posted / ashish
yes
Journal Entry passed as:
Parchase a/c Dr. 750
To Raghubir a/c 750
(Being goods purchased from Raghubir on credit)
| Is This Answer Correct ? | 10 Yes | 4 No |
Post New Answer View All Answers
Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?
Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-
When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.
What is the difference between cost accounting management accounting and financial accounting?
What is peach tree accounting?
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
what is t code of gr/ir report?
A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.
What is cost accountancy? What are the objects of cost accountancy?
What is the difference between deferred revenue and accrued revenue?
Do you know offset accounting?
Explain me do you think accounting standards are mandatory and why?
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
What is absorption costing with defination? and what is marginal costin with defination?
Explain which account is responsible for interest payable?