Answer Posted / daljeet singh

AS PER ACCOUNTING STANDARDS JOURNAL ENTRIES SHOULD BE :

When cheque issued:

Party A/c Dr.
To Cheque issued but not realised A/c

When cheque Realised in Bank:

Cheque issued but not realised A/c Dr.
To Bank A/c.

what would you contribute for bhels growth

2069

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What is Merger?

2391

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Is depreciation a expense or income?

1700

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what is purchase consideration? How does it come about and how is it treated in the books?

2542

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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

2443

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What is the difference between payable and accrual

1963

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Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return

2513

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IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT

1949

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when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker

2126

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What do you mean by Adjustment

2033

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1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.

2931

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If its is declared by auditor that business is not going concern that what journal entry will be pass?

1924

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what is payment method?How many payment method we can assign to company code.

1730

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What do you mean Business

2266

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How the sub ledgers(AP, AR) integrate with GL liability and receivable

2032

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