if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me
1362where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?
1 3514pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
1541Post New Accounting General Questions
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
What are the differences between accounting and auditing?
How to prepare in yearly turnover?
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
What steps would you take to locate the errors in case trial balance disagrees?
Tell us why did you select accounting as your profession?
List of Indian accounting standards and international financial reporting standards
What is the use of 2a, 2b & 2c form in CST ?
I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
What is your greatest achievement and why?
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system
What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?
How much mathematics knowledge is necessary or required in accounting?
what is t code of gr/ir report?
