When a business man take his net profit from his firm, how
will make the entry in cash book?
Answer Posted / narasimha
drawing a/c dr
to cash a/c
being the amount take from profit for his personal use
purpose
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is absorption costing with defination? and what is marginal costin with defination?
What are the steps to take before you approve an invoice for payment?
Spinoff,Spelloff
hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me
Explain me do you think accounting standards are mandatory and why?
What is customer account?
how to assign the cost center to GL Account in SAP (FICO)
how to enter the tender refund amount in tally ?
What GP resew of balance sheet taking.
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
What is accounting for plant assets?
Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.
Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj
Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?