payment made to the credit card from bank.In that half are personal and half are business related.how to account these transaction without credit card ledger.
- 1 Answers
- 1662 Views
- ABC, I also Faced
- E-Mail Answers
Answer Posted / bhadra225
loan a/c. ___dr 500
drawings a/c ___dr 500
To bank a/c. 1000
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is bank aceleted?
What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse.
Tell me the types of accounts involved in double entry book-keeping?
Explain me fair value accounting?
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
how will decide that vender payment is ok without reco
What is meant by turnover?
What does the abbreviation dr mean in accounting?
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500
Tell us do you have any professional experience of this field?
Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.
Explain compound journal entry.
Write about the media role in daily life
if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry
