sir if we make purchase and sale for the same pary for the
same amount what adjusting entry have to be passed to close
that entry in tally. while taking bill wise details we can
see the dr. cr.and have to cancell that
Answer Posted / jaikrishnansnair
purchase ac dr 1000
to party 1000
party dr 1000
to sales 1000
jv
sales dr
to purchase
is it true or not.. ??
| Is This Answer Correct ? | 3 Yes | 13 No |
Post New Answer View All Answers
What is cost accountancy?
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u
How time sheets are maintained?
discuss seperate determination concept
List of Indian accounting standards and international financial reporting standards
The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty
How can do it TDS in accounts?
Explain me what is general ledger account?
plz can some one tel me "The concept of stock holder's equity and paid in capital".
what's the difference between impress cash account and petty cash account
What is fiduciary accounting?
Please would you provide me with a defenition of Cycle count tolerance ? Thank you
In accounting, vat abbreviates what?
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you