mr.atul purchased a dress for his son amounting to rs 725/-
from dress point by paying cash from the office.
We entered in this trasaction to which voucher?

Answer Posted / rabindra nayak

We Entered this transaction in payment voucher

Drawings A/c 725/- Dr
cash A/c 725/- Cr

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is tds and how it is calculated?

705


Any body would tell me how to takeover withholding tax at the time of go live in sap fico

1082


Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c

1136


A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.

1674


Differentiate between consignor and consignee?

777






what is inter-company transaction? what is Inter-Branch transaction?

8428


I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?

3236


what is the right process for input credit of Service tax. and on which service i can take credit.

1459


What is the difference between perpetual and periodic inventory systems?

735


wht is different between defered tax liablities and defered tax assets??????

1426


Which kind of transactions are not recorded in the books of account?

1502


IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?

1841


correction of sundry creotors

2279


How Many Accounting Principale

1440


PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN

2259