Answer Posted / anchit saxena
hello viewers, actually i was posted a wrong answer due to
my mistake so i m posting a new answer right now:
Creditor means a person from whom goods are purchased.
Debtor means a person to whom goods are sold.
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is use of subject history in banking?
Purchase Goods worth rs.1000/ icluding vat of rs 40/ & Service charge receive 1000/ including service charge rs 123.60/ What will be entry in Tally? Please Define me?
Tell me what do you think is bank reconciliation statement?
The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty
PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?
Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?
Pls tell me the basic rules of accounts for interview in finanace or accounts section
Entries to revenues accounts such as service revenues are usually?
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
What is the importance of accounting standards?
What are premises in accounting sense? What is vat adjustment?
Explain me the basic accounting equation?
how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me
Tell me what are the key tasks for account executive?
Journalise- opened a saving a/c with S.B.I. ?