Answer Posted / faysalsam

Double entry means that first you book Receivable or Payable
against Sale or Purchase then post Received and Payment.
for e.g
A/c Receivable DR
Sales CR

then
Bank/Cash DR
A/C Receivable CR

In Single Entry directly post Expense or Income with
Receivable and Payable

Expense DR
Cash CR

Cash DR
Rent Income CR

which Electrical items is Exciseible

2254

---

What are the rates of Depreciation? Like machinery items, wooden items?

1991

---

Define The Term Journal And Explain The Present Day Use?

2372

---

Short Answer on _________Commerce

1839

---

what is the difference between financial accouning and financial management?

2208

---

respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...

2030

---

what you mean by cross dunning

2225

---

How do we return the loan in equal installments with interest in tally

2105

---

what are the customization u have done in sap mm

2275

---

I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code

2136

---

what is GL Balance

2293

---

Short Answer on _____________Revenue Budget

1984

---

What is Provision for expenses?

2253

---

Expand-------NAST

2166

---

Expand-------ASRT

2160

---