Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 4) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

2 Answers  

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What is Tax Groups

1 Answers   Accenture,

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Your marketing company has been working on a consulting project for a client. Your team has worked on the project for two months, and it is now year-end. The project will be completed by February of the next year, and the client has not yet been billed. For the financial statement, how should project be classified?Should the costs associated with an uncompleted consulting project be classified as a work-in-process asset on the balance sheet or should the cost be expensed on the income statement as a part of the doing business?why?

2 Answers  

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Which reserve comes on the debit side of Balance Sheet?

3 Answers   TATA,

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Do you have any professional experience in this field?

0 Answers  

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Who is debtor purchaser

0 Answers   ABC,

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Tell me what is the general classification of accounts that usually ledger account involve?

0 Answers  

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Mention what is bank reconciliation?

0 Answers  

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When Tds is applicable to deduct and wht is rate for different work panel?

0 Answers  

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Cheque

2 Answers   Bank Of America, Pioneer,

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informance about performance is disclosed by

0 Answers  

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what is consignment entry?

11 Answers   Genpact,

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