we have worng credit in Rs.10000 in bank a/c on 31/03/201 so
Please give your idea in matter . what entry made in book of
accounts.
Answer Posted / ravi
bank a/c should be debited .
Is This Answer Correct ? | 0 Yes | 4 No |
Post New Answer View All Answers
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?
What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP
How does accounting contribute to the community?
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
what will be the entry for inventory
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
Anti Takeover policies
Can you differentiate public and private accounting?
Dear sir, In tally what is list of cost centres? and what is the list of cost categories?
What is the difference between the accrual accounting and cash accounting?
can any one tell what is the selection proces in cognizant for MBA finance
WHY U HAVE CHOOSE ICWA WHY NOT CA
how we can calculate sundry debtors and crditors a/c?show some examples
How you can adjust entries into account?