How can I put Bank Guarantee Receipt entry in Tally ERP9?


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in bank statement what is the tras date? and value date? what is the difference?

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define contra entry?

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What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?

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Whst is the formula for getting the GOODWILl ??

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the following information wads extracted ffrom the book of a business man :debtors as on 31/12/1987 $25000 bad debts during 1987 $1000.provision for doubtful debts is to be maintained at 5%. a provision for discount is also at 2%. you are required to calculate the amount set aside in respect of provision for doubtful debts and provision for discounts on debtors respectively

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What is the journal entry for insurance premium payment of a company

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MEANING OF RED HERRITING

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1) XYZ Ltd bought goods for Rs.200000 from ABC Ltd. The co gave 10% discount. give journal entries in the books of ABC Ltd and XYZ Ltd. 2) Goods bought for Rs.400000. While transporting goods destroyed. Insurance co agreed to pay 75%. post journal entries.

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WHAT IS CASH DISCOUNT & TRADE DISCOUNT?

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Which ledger are already exist in the tally erp9 ?

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When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

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