Whatis the Journal entry for advance payments and advance
receipts from Debtors and creditors

Answer Posted / sudanivenugopal

Party account dr
To cash/Bank a/c

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it

1758


Short Answer on _____________Revenue Budget

1569


legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?

2655


Dear sir i had been called for ntpc interview and gd next month..please guide me for it!

2378


What are Mortgage Payment Problems?

1533






Give me total Details of payroll calculation, payslip with examples.

2262


Expand--------CMTS

1964


Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach

2752


what is the difference between Tally ERP and SAP FI ECC?

2008


what is data entry? what is report generation ?in accounting how it is used .

1846


hi.this krishan .i m slect in axis bank for executive. when i sposse to join

1947


example of aptitude ns

991


Expand BEMS

1893


HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

1698


I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

1652