Answer Posted / g

All those suppliers/parties to whom payment is still to be
made and which are kept in subsidiary ledgers are
collectively shown in one general ledger as Sundary
Creditors.

sundry creditor is a person whom we received service and good from them, we have to pay for them.

For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?

1781

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Tell us what inspired you to move to the next opportunity?

1056

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Explain what a deferred asset is and give an example?

1125

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paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

1739

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In South Africa , the current rate for value added tax is ?

1739

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iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above

2008

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How to pass workscontract sale invoice which includes WCT & VAT.

2229

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what is use of cost center category in tally ? why & when use this ? what is benfit ?

2067

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informance about performance is disclosed by

2227

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please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?

1844

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what are the basic elements to prepare a quarterly information system and how to calculate that items?

1799

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What is the definition of offset accounting?

1062

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Where I can Found Cost Reduction Techniques Implemented by Various cement Companies

2101

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Capital reserve is - a) real account b) nominal account c) personal account d) none of them

919

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The main financial accounting statements?

1092

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