Interested to Buy Any Domain ? << Click Here >> for more details...
I have received 75000 as retainer ship fees from ABC company what was the
journal entry I have to pass in my books
- 3 Answers
- 9425 Views
- I also Faced
- E-Mail Answers
Answer Posted / spv@bsl
While raising the bill you have to Dr to ABC Co. and Cr. to
your receipt account
while receiving the fee against above bill Receipt account
(income) a/c Dr and Credit to ABC co.
Income a/c Dr
To ABC Co Cr
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What is the general net worth percentage banks will observe while sanctioning the Loans for Tranding, Construction and Manufacturing units.
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes
Where a cash discount should be recorded in a journal entry?
Expand ctc cheque?
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
How do you handle rejection?
Please advise how to calculate net asset....
Differentiate public and private accounting?
Explain what is involved in the process of double-entry accounting?
What is the difference between costing and cost accounting?
Explain what is ledger?
Any body would tell me how to takeover withholding tax at the time of go live in sap fico
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?
what is general accounting
