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?
define contra entry?
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
Whst is the formula for getting the GOODWILl ??
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
I have purchased computer,furniture,laptop, vendors has given me retail invoice he has mentioned his vat,cst no in bill & he charge vat in bill
What is the journal entry for insurance premium payment of a company
MEANING OF RED HERRITING
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.
WHAT IS CASH DISCOUNT & TRADE DISCOUNT?
Which ledger are already exist in the tally erp9 ?
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?