Accounting transactions are recorded in accordance with
thier legal form or substance. Briefly explain the legal
form and substance of the accounting transactions and give
one relevant example.
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Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
Hi Everybody, 1). Can anybody tell me the Journal entry for Bank charges Rs.100 and under which account it will come. 2). Received interest from Bank what is the journal entry, under which account it will come, Awaiting for soonest reply, Thanks, Khan
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What is the Journal entry of the Transaction -- The Horse bought on April 20 died , its carcase was sold for rs.50. also tell me what is treatment in P/L A/c and Balance Sheet.
4 Answers ASDC, Financial Services,
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled