Answer Posted / prathi

A is paying to B on behalf of C so the entry is
in books of A
B's A/C Dr. 1000 Expenses is Dr.
To Cash A/C Cr.1000 Cash is going out Cr.
( Being A paid to B)

in books of B
Cash A/C Dr. 1000 Cash is coming in Dr.
To A's A/C Cr. Cr. the giver

In books of C
A's A/C Dr. Expenses is Dr.
To Cash A/C Cr Cash is going out Cr. from
C's a/c

The main financial accounting statements?

1087

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What is a ledger? What do you mean by ledger posting?

1108

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What methods do you use to discover sales opportunities?

1075

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Where I can Found Cost Reduction Techniques Implemented by Various cement Companies

2094

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Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

3855

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PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330

4986

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In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer

1886

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How the MIS format made up in XL.

1846

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How can you do credit control?

1153

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state (5) accounting concepts and give 1 example of each

2011

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What we have to post entry for payroll processing ? (Indian payroll)

2606

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If closing stock is given in adjustments, how we show in tally 9.0 ?

2061

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what single discount is to2 successive discount of 10%& 15%

1839

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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

1770

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Tell me why some asset accounts have a credit balance?

1106

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