what will be the entry for recivables at 31 st march and
if they are paid after 1 month then what is the entry

Answers were Sorted based on User's Feedback



what will be the entry for recivables at 31 st march and if they are paid after 1 month then what..

Answer / upendra reddy.g

March 31 pass the journal vocher

Receivable A/c dr
to party a/c

After one month pass the entry

Party accounts Dr
to cash or bank Accounts

Is This Answer Correct ?    1 Yes 1 No

what will be the entry for recivables at 31 st march and if they are paid after 1 month then what..

Answer / r sumitra

it will be recorded in the B/R book.....can c/f to the next
accounting period

Is This Answer Correct ?    1 Yes 1 No

Post New Answer

More Accounting General Interview Questions

interest received comes under which head

10 Answers   IBM,


What is a ledger in regards to accounting?

0 Answers  


What is fractional code and how can i get a fractional code for a particular account?

0 Answers  


suppose total salaries paid is 10000, 1000 is outstanding. how & which amount will shown in receipts & payment, income & expenditure and balance sheet accounts

2 Answers  


Detail your responsibilities in accounts receivable

0 Answers  






What was your average accounts receivable days outstanding/days sales outstanding?

0 Answers  


securtralization?

1 Answers  


interview process in factset

6 Answers   FactSet Systems,


WHAT IS THE ENTRY FOR BOOKING PROVISION...? IS IT COMPULSARY FOR BOOKING PROVSION IN ACCOUNTING?

4 Answers   DLF,


WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY

0 Answers   Wipro,


whats the manufacturing account

2 Answers   IOCL,


What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.

0 Answers  


Categories