when receieve cheque from a party and we deposite cheque in
bank
how do this entry
Answer Posted / anwar
Party's A/c Cr
&
Bank A/c Dr
| Is This Answer Correct ? | 8 Yes | 4 No |
Post New Answer View All Answers
If the company acquires equipment prior to incorporation what are the accounting entries?
Tell me about a situation where you showed determination?
non cash or bank income or expense
What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).
What are the differences between accounting and auditing?
6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
What is meant by balancing?
There is no item category assigned to account
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
Why did you choose the a-levels you did?
Tell me deferred taxation is a part of which equity?
what is use of cost center category in tally ? why & when use this ? what is benfit ?
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
"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...
Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%