How to record:- Amount received 500000/- for supply of material for 5 years
Answer Posted / twinkle verma
Bank a/c .....Dr. To Sales a/c (Being material supplied for 5 years in advance)
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
What is an ea in accounting?
what is accounting cycle ?
Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time
a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?
Productive Investment is Working Capital. Is it correct?
whether allowances will be included in calculating esi from gross salary
What is accounting ethics?
What are the columns of a journal?
Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??
How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally
which report give the data of GL with materials details in sap?
How the MIS format made up in XL.
What is fiduciary accounting?
What is the general net worth percentage banks will observe while sanctioning the Loans for Tranding, Construction and Manufacturing units.
whats difference between manufacturing account & cost account