Answer / manab

Creditor A/C ............. Dr
to purchases return


Sales return A/C ............. Dr
to debtor A/C

Answer / santosh

Purchase A/C dr
To cash(Bank) A/C

Cash A/c dr
to Purchase return A/C


Cash A/c dr
to Sales A/C
Sales return A/c
to Cash a/c

Answer / guest

for purchase return
Cash dr
To purchse ret.

For sales return.
Sales ret dr
To cash

A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

0 Answers  

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Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx

0 Answers  

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why dr is on left hand side while cr is on right hand side?

1 Answers  

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what are cost accounting and its applications?

0 Answers  

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What is the Project Accounting in case of Real Estate or Construction Co`s ?

0 Answers  

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what is the difference between "reserve" and "fund"

1 Answers  

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Golden Rules Accounts (15th nov-2009)

8 Answers   Ernst Young,

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as  per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary

0 Answers  

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Kindly tell me some journal entry of provision . 1) Make provision for Rs 100 teliphone bill on 31 March 2010. 2) teliphone bill received Rs 150/- on dated 10 Apr 2010. What will be journal entry for both case in tally.

11 Answers   Goldman Sachs,

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i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?

0 Answers  

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What is the difference between General Ledger and Trial Balance?

2 Answers  

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Spinoff,Spelloff

0 Answers   Capital IQ,

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