If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account
Answer Posted / sachin mate
Dr. Purchase Consumable (Purchase A/C)
Cr. party A/c.
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Why current assets Liability said & current Liability Assets said...?at tally ERP9
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
Define bills receivable?
What is the equation for acid-test ratio in accounting?
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
What steps would you take before approving an invoice for payment?
What is the definition of manual accounting?
CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT
What is an ea in accounting?
What is balance sheet and off balance sheet?
HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER
A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?
Spinoff,Spelloff
What are the differences between contrast bookkeeping and accounting
Differentiate public and private accounting?