Pass necessary journal entries for the following.
1.Goods supplied by surjit for rs 15000 were entred in
sales book.
Answers were Sorted based on User's Feedback
Answer / madhukar nimbalkar
purchase a/c. dr
To supplier a/c. cr
Is This Answer Correct ? | 14 Yes | 3 No |
Answer / padma
it seems that instead of recording goods recd from surjit,
is wrongly entered in sales books means our sales has
increased by 15000, it is also impertant to check wheather
we have noted the same in our purchase book, if not then
the journal entry will be
sales a/c dr 15000
purchase a/c dr 15000
To party a/c 30000
rectification entry
Is This Answer Correct ? | 5 Yes | 1 No |
surjit a/c Dr. 15000/-
to sale A/c cr. 15000/-
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / javeed
date: particulars: amount rs/- amount rs/-
Dr. Cr.
sales a/c..Dr. 15000
to surjith a/c 15000
Is This Answer Correct ? | 2 Yes | 0 No |
what is MICR CODE AND BSR CODE HOW IT WAS DIFFERENT?
Journalize the Following: 2. Monthly credit sales were $ 35,000 3. Received Cash receipt payments on Receivables in the amount of $ 10,000. 4. Customers’ cheque in the amount of $ 100 bounces and was re-deposited. Book both entries. 5. Material is bought on account for £ 100,000. The exchange rate is Four pounds to One Dollar. Then, later, merchandize is paid for. The exchange rate is Five pounds to One Dollar. Book both entries in Dollar when merchandize is bought and when it was paid. 6. Materials worth $ 20,000 was purchased on account and paid for with 1% discount. Book both entries. 7. Record the purchase of Direct Material on Account in the amount of $ 20,000. Half of it was for stock and the other half for a specific job order. 8. Record the disbursement of $ 1,000 raw material to shop floor for use on specific job
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0 Answers Engineers India Limited,