Revenue from sale of products is generally realized in the period in which 1.Cash is collected 2.When sale is made
3 10906In case of Bad Debt such amount should be credited to 1.Cash account 2.Debtors account 3.Sales account
2 13852Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
1468Post New Accounting AllOther Questions
What is Merchandising Accounting process
wht can u do for the growth of bhel?
Distinguish value andPrice
please explain the uses of internate protocol address(ip add)?
What is the procedure to become charted accountant in India now. Please answer this is urgent
difference between contra entry and double entry?
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
is it necessasary to make a partnership deed
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp
What is outsider equity and time interest period ratio?
why cost center is assign to gl account in sap
What is limit of turnover for registering under CST & limit of Form 'C '
What is Split And buy-back?