Answer Posted / vinod

A contra entry will be passed on issuing a bank
guarantee.Mostly it will be some what similar to these

CR banks contra
DR Customers Contra

how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come

11162

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Hi, Mobile manufacturing given a mobile phone as a gift to their employee. What journal entry we need to pass in company point of view.

953

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Do you know what is double-entry accounting? Explain with an example?

1063

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Tell us how can you define departmental accounting?

1081

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Tell us what is the abbreviation for the accounting terms debit and credit?

1163

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What is the journal entry of building rent and TDs payment?

1581

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What are source documents in accounting?

1117

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Tell me what is project implementation?

1057

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what is the journal entry for gas connection taken by company for preparing tea and coffee.

2374

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What are the 4 principles of gaap?

1162

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If a prospective client kept presenting you with excuses not to buy, what would you do?

1210

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"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

1866

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what is consumer product accoutning?

2084

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What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?

2197

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how to get a job in stock markets for MBA-FINANCE?

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