Answer Posted / vishnu

2)Debtors account/Creditors account

Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same

1788

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What is the difference between General Ledger and Ledger?

1449

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WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?

5552

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shares convert into share capital what is the journal entry? how many ledgers need to create?

2043

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Please would you provide me with a defenition of Cycle count tolerance ? Thank you

1983

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shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?

2430

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What are the uses of journal in accounting?

1061

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India me ,suppose that hmare pass 190000 Rs hai,to kitna tax lgega,or kis heshab se lgega,

2156

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GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?

1512

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Tell me how you can adjust entries into account?

981

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In accounting, vat abbreviates what?

1124

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When Tds is applicable to deduct and wht is rate for different work panel?

1950

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If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B

4887

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Tell me what do you believe makes a successful account executive?

1023

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what are the disadvantages of back-flush accounting?

1082

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