Purchase a goods from venkat for cash,it should be credited to
Whom

Answer Posted / hanmandla.anilreddy

Purchase a/c dr
   To cash a/ c
( being purchased goods for cash from venkat)

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.

2520


cheque deposit is a contra entry?

1691


how will decide that vender payment is ok without reco

1903


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

3692


How to calculate Gratuity & when it's applicable to employee after three years or Five years?...

1408






Is it mandatory for the employees staff of a School, if so give details

1578


MEANING OF RED HERRITING

2067


How many accounting standards are currently published?

680


What are the different fields of accounting?

635


I am working in govt. sec. How to make journal entry in books for Fix Deposit

1440


Accounting for vc money in financials

650


What is cotangent Account?

1564


over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured

2291


whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf

1379


wat is mass allocation and when it is used

1614