a purchase of Rs.750 from raghubir has been debited to his account.purchase account has been correctly debited.
- 2 Answers
- 5192 Views
- I also Faced
- E-Mail Answers
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
swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?
Contrast bookkeeping and accounting
how will decide that vender payment is ok without reco
Explain me fair value accounting?
what is the journal entry for gas connection taken by company for preparing tea and coffee.
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
What is the diffrent job&project accounting?
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?
What do you mean by gaap in accounting?
if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me
How do you prepare a balance sheet from a trial balance?
how to treat investment fluctuation fund in case of death of a partner
cheque deposit is a contra entry?
