What is the journal entry purchase return in the books of
Purchase
Answer Posted / nadim
Sundry creditor a/c dr
To purchase return a/c
Sales return a/c dr
To sundry debtor a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
when apply for ragistred in central excise no
What is Summarising
What is Goods Lost by Fire/Accident/Theft ?
What are Corporate Action?
How can i do the entry of of service tax in tally.
how to do the finalise of account? what is the step? why we need to do like that?
EXPAND___________NPO
How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?
Define the word Profit in terms of business
what is cnc machine hour rate? how it is calculated?
3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
What is outsider equity and time interest period ratio?
WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?
DEfine SAP