tell me bill payable head and entry in tally
Answers were Sorted based on User's Feedback
Answer / goutam banik
Bill Payable came under the of Sundry Creditors.
Journal Entry:
1. When purchase the goods -
Inventory/purchase A/c............Dr.
To, Bill Payable/Suppliers A/c.
2. When Make the payment -
Bills Payable/Suppliers A/c........Dr.
To, Cash/Bank A/c
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / sunit pandey
General Expenes A/C - Head
Expense A/c Dr
To ABC (Name)
Is This Answer Correct ? | 3 Yes | 2 No |
What are the 5 basic accounting principles?
Which account is responsible for interest payable?
hi for all i completed Mba finance in 2008.then i got a job in kpo capital iq as jra for 1 year than i left it and done a course sap fico so now looking for a job in sap how to approach? pls give me answer
What is a Pay Group
Explain some of the accrued expenses and the accounts in which you would record them?
Have you ever made mis reports and what are they?
if we import purchase of $ 20000 /rs. 80. but when we payment the party the price of Rs. 50. then how we make entry of this type of purchase.
book keeping is the art of recording------in the books of accounts
Calculate the P/V Ratio and BEP from the following particulars. Sales 5,00,000 Fixed Cost 1,00,000 Profit 1,50,000
what is accounting
1.What is security premium? 2.Difference between debt security and securitization? 3.Operating leverage and financial leverage examples? 4.Revenue and provision ,,,,differences? 5.EOQ...and its defination purpose of its use...?
how to deduct tds on pension with examples
4 Answers Chartered Accountant,