Pass necessary journal entries for the following.
1.Goods supplied by surjit for rs 15000 were entred in
sales book.
Answer Posted / mujib
party a/c dr 15000
To sale a/c cr 15000
Is This Answer Correct ? | 10 Yes | 4 No |
Post New Answer View All Answers
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
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
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
How can i learn shortly Tally from computer coz, i want to take a company Balance Sheet
we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?
can i material bill book in miro without vat on transport charges ?
What accounts are to be debited and credited in this case o
As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?
Accounting Questions
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
What are the various systems of accounting? Explain them.
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
when & how interest on unsecured loan is calculated?
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?