any example should cover all three types of accounts in one
entry
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cash paid to Ravi on discount?
Dr cr
(pesonal a/c) Ravi a/c......Dr xxxx
(real a/c) To cash a/c xxxx
(Nominal a/c) To discount a/c xxx
| Is This Answer Correct ? | 14 Yes | 0 No |
Answer / kunal turi
cash paid to PARTY on discount?
Dr cr
(pesonal a/c) PARTY a/c......Dr xxxx
(real a/c) To cash a/c xxxx
(Nominal a/c) To discount a/c xxx
| Is This Answer Correct ? | 2 Yes | 0 No |
what are the errors in brs?& what is useful of them?
Rent paid out of your personal cash 3000 SAR
What is "deposit in transit"?
Tell me where do generally accruals appear on the balance sheet?
what is form H
Accounting and Accountancy
The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2
Goods costing Rs.40000 was lost by fire but 3/4th of the claim was accepted by the insurance company
What is a Bluechip Company?
2 Answers State Bank Of India SBI,
Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored
I have an interview on accounts payable.In my CV I have written I have done accounts related work including finalization And i worked on Tally So what kind of questions i am expected to receive in interview.
Outstanding rent
Audit 
