What is the Full Procedure of Purchase ?
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ESI payable in the year 2010 was Rs.11000 but not accounted for by mistake in that year.It was paid in the year 2013-14. Then what will be the journal entry?
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3 Answers eMpulse, Patanjali Ayurved, TCS,
On goods purchases of Rs.2,00,000 got trade discount of 20,000 from supplier, and the amounts paid to supplier is 1,00,000 in cash and RS.1,00,000 in check on the same day, what would be the general ledger entry ?
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Which of the following errors are not revealed by the Trial Balance: (a) compensating errors; (b) errors of commission; (c) wrong balancing of an account; (d) wrong totalling of an account