ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Accounting >> Accounting General
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (157)
 Taxation interview questions  Taxation Interview Questions (1893)
 Accounting General interview questions  Accounting General Interview Questions (2781)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
How to create Sundry Creditors and Sundry Debtors Aging 
analysis.
 Question Submitted By :: Sridhar
I also faced this Question!!     Rank Answer Posted By  
 
  Re: How to create Sundry Creditors and Sundry Debtors Aging analysis.
Answer
# 1
Because when we purchase something from outside and we must
have to pay against the purchasing items. so, only for that
reason to knowig the things or transactions between whome
will be occured we have to mentioned sundry creditors and
sundry debtors aging alalysis
 
Is This Answer Correct ?    40 Yes 9 No
Kumar.chand09@gmail.com
[Chhapadia & Associates (Chartered Accoun]
 
  Re: How to create Sundry Creditors and Sundry Debtors Aging analysis.
Answer
# 2
Aging reports means Dr's or Cr's Pending amt showing below
types. Below 30 Days, 30 to 60 Days and Above 60 days konwn
as a ageing repotrs created in tally using F6 key <D-S-O-
P/R-F6>.
 
Is This Answer Correct ?    29 Yes 6 No
Gelli
 
 
 
  Re: How to create Sundry Creditors and Sundry Debtors Aging analysis.
Answer
# 3
Anything purchase the Credit Compulsary create the Sundry
creditors Account. That account item shown the Assets side
of the balance sheet. Any thing sale the credit compulsary
create the Sundry debtors Account. hat account shown the
Liability side of the balance sheet.

Creditors Entry:-
Material Purchase A/c dr xxxx
Creditors name xxx

debtors Entry:-
Debtor A/c dr xxxx
sales A/c xxxx

Regards

V. Ondiveeran.
 
Is This Answer Correct ?    12 Yes 5 No
V. Ondiveeran
 
  Re: How to create Sundry Creditors and Sundry Debtors Aging analysis.
Answer
# 4
When a company purchased a material or goods on credit basis
then creditors will arise and for debtors vice versa. The
pending amount from the Dr or Cr will be given some period
to pay that is aging period and on this the aging analysis
will be prepared according to payments maid by Dr or Cr
The creditors should show Liabilities said in Balance sheet
and Debtors in Assets said of the Balance sheet

Journal Entry
For Creditors
Credit Purchase A/C Dr
To Cash/seller A/C
For Debtors
Cash A/C Dr
To credit sales A/C
 
Is This Answer Correct ?    20 Yes 0 No
Dasappa.s
 

 
 
 
Other Accounting General Interview Questions
 
  Question Asked @ Answers
 
What is suspence a\c? why it should not transferred to the balance sheet?   4
If any company paid taxi fare to staff for special work how can i post it in tally example if Ram get 500 for taxi fare to return home late night due to official work.   3
what do you mean by tds   3
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.   1
whois invitied a accounts   1
what is INVESTMENT FLUCTUATION FUND? is it reserve or provison?   5
We offer fresh cut bank instrument for lease/sale, such as BG, SBLC, MTN, Bank Bonds, Bank Draft, T strips and other. Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options and we also discount/monetize BG's. This offer is open to both individuals and corporate bodies. If in need of our services, contact me for detail information. Thank you, Mr.Joe Duane email:jduane076@gmail.com Joeduane@consultant.com   1
HI GUYS, IN MY COMPANY, HAVE A RECRUITMENT FOR JUNIOR ACCOUNTS EXECUTIVE(2 TO 4 YEARS ONLY).. FOR 10-15 POSITIONS, IF ANY BODY INTEREST PLS SEND YOUR RESUME TO MY MAIL ID... REMEMBER, ANY BODY FROM MANUFACTURE OR CONSTRUCTION FIELD 1ST PREFERENCE...DEFENETLY I WILL HELP U.SEND UR RESUME TO "mukeshreddy37@gmail.com" immediately bscpl 3
What are the method of accounting? Capital-IQ 7
Hi everybody, can anybody tell me what will be the journal entry for ( 1). Withdraw from SBH Rs.10,000 for office use. 2). Withdraw from SBH Rs.5,000 for private use. Thanks,   8
What is the entry pass if we are given to advance for employee?   5
Why Reserves and Surplus are shown on the liabilities side of the balance sheet.? justify your answer. Infosys 3
 
For more Accounting General Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com