Whatis the Journal entry for advance payments and advance
receipts from Debtors and creditors
Answer Posted / rajesh kumar
for making the advance payments:
Advance A/c Dr
Bank A/c Cr
on Advance receipt from Debtors:
Bank A/c Dr
Cr Advance from Debtors/customer
Is This Answer Correct ? | 21 Yes | 5 No |
Post New Answer View All Answers
how to entry in tally for other person check received
what are the different causes for discrepencybetween the balance of cash book and pass book
euro currency market
Do v call director in the partnership firm?
In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?
what is differred tax liability? explain in detail with some example.
Expand-------CAN
What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations
What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?
Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund
which are company offering jobs in PORTFOLIO MANAGEMENT ?
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
What is the difference between income statement & Profit&loss A/c?
What are the objectives of accounting
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?