Interested to Buy Any Domain ? << Click Here >> for more details...
we given tour advance to party how to treat entry and which
head have to given expenditure
- 4 Answers
- 6520 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Advance(Party) A/c Dr.
To cash
and when he submit the actual expenditure .Advance account to be credited and expenditure account to be debited
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / nadeem khan
since we are giving amount for tour it's nothing but travelling expenses for the company
and the entry shoul be
travelling a/c ...dr
to cash/bank a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / kolli
Cash/Bank a/c DR
To Party(name)a/c
(Advance Paid For Tour)
| Is This Answer Correct ? | 1 Yes | 7 No |
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
Describe a time when you have not met your goal?
Closing stock not considered in Trial Balance,why?
What are the types of Invoice Matching in AP
can any one tell me what is the difference between Accounting period & Financial year? Will be waiting for your answer. It's an open source question, any correct answer will be appreciable. Thanks. Regards, Mr. RKO
what is consignment entry?
hi to all this is sai i attend interview for genpact last week he asked me about BRS :if ur MD issued a cheque for his own insurance premium what u will do? this is the question plz give answer for this
13 Answers Genpact, Uttam Galva,
why are the company hire you.
what is Credit?
HI EVERYONE I WANT TO KNOW, CAN WE ISSUE DEBIT NOTE OR CREDIT NOTE AGAINST STOCK TRANSFER , IF WE ISSUE OR NOT ISSUED THENY WHY PLZ EXPLAIN
on what rate depreciation will be calculated?
in sap how can configuring the asset revaluation, please send procedure.
Audit 
