1)What will be the journal entry for these?
a) Salary paid to Ganesh
b)Sum of Rs 200 realized for sale of old furniture
2)Goods sold on credit for Rs 100
Answer Posted / hemendra panwar
1) SALARY A/C DR.
TO GANESH A/C
2)CASH A/C DR.
TO OLD FURNITURE
(P&L A/C SHOULD BE DEBITED OR CREDITED AS PER TRANSACTIONS)
3)CREDITORS A/C DR.
TO SALES A/C
| Is This Answer Correct ? | 6 Yes | 4 No |
Post New Answer View All Answers
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
What will be entry pass in tally if TDS paid by Credit Card.?
Expand-------NBTA
Feature of Master letter of credit of Garments manufacturing company?
How is the expenditure of developing a modified product treated?
how there face in lvbank interview
Expand---------TDCB
Expand---------PED
How can we calculate the total income of the company.
describe the most complex challenge that you have faced and how you managed it
What is finance lease
what is ZBA hold & balance hold in banking?
what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record
Take me through the entire vendor cycle.
what's accounts payable