Answer / ravi

suppose a cheque amount of 10000 received through neft to our
bank account. which entry to be passed, contra or bank receipt
or bank payment and same when we pay a cheque and it is
cleared

Answer / ravi

payment short cut key is f5 payment made bycheque the entry is
party a/c dr
to bank

receipt short cut key is f6 receipts made by cheque the entry is


bank a/c dr
to party

Answer / purushoth

if i will get income 10000
Receipt Entry

Bank a/c cr 10000
Party a/c dr 10000

If i will Expenses 10000
Payment Entry

Expenses a/c Dr 10000
Cheque(Bank) a/c 10000

List out the stages of double entry system?

0 Answers  

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Value added tax is an expense to be suffered by?

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why companies put ltd and pvt ltd,what is the difference?

12 Answers   Capital IQ,

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cost of normal waste of material under contact costing is debit to : 1)contract a/c 2) trading a/c 3) matrial a/c 4) profit and loss a/c

2 Answers  

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what is the debtor & creditor, i am purchasing a good then," who is the creditor"

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Tell me whether the account “cash” will be credited or debited, when a company pays a bill?

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What is a Pay Group

0 Answers   Accenture,

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Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?

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what do u mean by Guidance

1 Answers   Capital IQ,

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