What will be the journal entry for the following -
1)Goods purchased from Mohan for Rs 5000
2)Goods purchased from Mohan on credit Rs 3000
3)Salary paid to Mohan
4)A sum of Rs 120 is realized on the sale of old furniture
Answer Posted / pooja
Goods sold to mohan on crédit
| Is This Answer Correct ? | 19 Yes | 9 No |
Post New Answer View All Answers
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?
What is fitting and fixtures?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
Do you know balancing in accounting?
Hi sir, Our appointed one agent for sales promotion activities. This agent doing the job "canvas of our product". My quires 1)it is eligible for service tax and how to accounted. 2) this transaction is direct expenses or direct expenses? Pl suggest me
what are voucher entries for EPF treatment in tally
Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?
How do you classify errors in accounting?
What is general entries for Deffered Tax?
1.recivable and payble 2.pf,tds,esi
What is mutual fund sub accounting?
Do you know the term account payable?
Tell me what is the master account?
hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately
Into which account do we close the revaluation account balance during the winding up of a company?