u paid cash to supplier in advance for purchasing goods in future? so what wil

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u paid cash to supplier in advance for purchasing goods in
future? so what will be the entry in tally?

Question Posted / satish(sasa)

5 Answers
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u paid cash to supplier in advance for purchasing goods in future? so what will be the entry in ta..

Answer / manish

suplier a/c Dr. XXX
To Cash a/c xxx
(being amount paid to
suplier as a advance amt)

Is This Answer Correct ?

13 Yes

0 No

u paid cash to supplier in advance for purchasing goods in future? so what will be the entry in ta..

Answer / harsha

Advances A/c
To Cash
(Being advance paid to .....supplier)

Is This Answer Correct ?

5 Yes

5 No

u paid cash to supplier in advance for purchasing goods in future? so what will be the entry in ta..

Answer / pratik mishra

supplier's Dr.
to cash a/c
(being advance cash paid to R.K. Co. wherein the goods received later)

Is This Answer Correct ?

0 Yes

0 No

u paid cash to supplier in advance for purchasing goods in future? so what will be the entry in ta..

Answer / kirti verma

Prepaid exp.a/c....dr
to cash a/c

Is This Answer Correct ?

3 Yes

6 No

u paid cash to supplier in advance for purchasing goods in future? so what will be the entry in ta..

Answer / rams

purchases a/c Dr
to cash a/c

Is This Answer Correct ?

0 Yes

7 No

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