Interested to Buy Any Domain ? << Click Here >> for more details...
Q.Goods worth Rs.5000 destroyed in fire? Insurance claim
received RS.4000 for the goods lost? Loss of Rs.1000 pass
the entries in the books of accounts?
- 16 Answers
- 73144 Views
- I also Faced
- E-Mail Answers
Answer Posted / s k m
p&l a/c dr.1000
cash/bank a/c dr.4000
To goods a/c cr. 5000
| Is This Answer Correct ? | 5 Yes | 14 No |
Post New Answer View All Answers
Why we debit expenses and credit incomes ?
Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?
Do you know what is double-entry accounting? Explain with an example?
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
which subsidiary book is source of these:debit note,credit slip,
Is buy or sale trade will impact on Nov? Yes/No Please explain.
What is purchase returns accounting
Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.
If balancing account is not assigned to company & is assigned to department wat will be the effects
1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).
Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.
Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
List out some of the accrued expenses and the accounts in which you would record them?
