Interested to Buy Any Domain ? << Click Here >> for more details...
We had purchased 100 Electrodes @ Rs 20/- Each. After a
year we found 2 Electrodes is missing by physical Count.
My Question is what journal entry should we passed against
missing of 2 electrodes.
- 3 Answers
- 6412 Views
- IBM, I also Faced
- E-Mail Answers
Answer Posted / yogendra.c
Usual Entry is:
--------------
Loss by Theft A/c Dr - 40
To Electordes A/c - 40
Incase if you are sure that it was mistake of Supplier
------------------------------------------------------
Creditor A/c Dr - 40
To Electrodes A/c - 40
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me
A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.
Define the term material facts in accounting?
what is loan operations and what are the complete process form from making customer to closure of loan
HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?
As you know executive accounting?
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
What is the difference in accounting and marketing?
how to treat investment fluctuation fund in case of death of a partner
Tell me where do generally accruals appear on the balance sheet?
What is the difference between provision and reverse?
Why is accuracy important in accounting?
service tax calculated on agreement value or market value whichver is higher for builders?
Mention the types of ledgers?
