Interested to Buy Any Domain ? << Click Here >> for more details...
When does the Invoice price variance arise? What is the
accounting entry?
- 6 Answers
- 12824 Views
- Genpact, HSBC, I also Faced
- E-Mail Answers
Answer Posted / dheeraj kumar sharma
We should credit note to the party
Accouting Entry
Party A/c Cr.
Purchase A/C Dr.
| Is This Answer Correct ? | 6 Yes | 3 No |
Post New Answer View All Answers
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
Do you use social media to identify prospects?
What are bills receivable?
Explain the concept of responsibility accounting
Define executive accounting?
how in the big companies the budget are prepared and controlled?
what is ment by suspence account and dummy account
What is reversing journal entries?
Do you know what is balance sheet?
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000
Explain what is accrual accounting?
we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?
What is short term solvency ratio?
What methods do you use to discover sales opportunities?
a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?
