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 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
An advance of Rs 10000/- is received from customer.
pass necessary journal entries

 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
  Re: An advance of Rs 10000/- is received from customer. pass necessary journal entries
Answer
# 1
Cash A/C                            DR   10000
   To Customer A/C                              10000

(Being advance received from customer)
 
Is This Answer Correct ?    2 Yes 3 No
Chalapathi Rao Govada
 
  Re: An advance of Rs 10000/- is received from customer. pass necessary journal entries
Answer
# 2
advance cash (received)......a/c dr   10000/

     to customer's a/c.............10000/-
 
Is This Answer Correct ?    4 Yes 2 No
Hba
 
 
 
  Re: An advance of Rs 10000/- is received from customer. pass necessary journal entries
Answer
# 3
cash A/c                             Dr.      10,000
   To Advance A/c                                    10,000
(Being Advance received from a customer)
 
Is This Answer Correct ?    2 Yes 1 No
K. Madhusudhan
 
  Re: An advance of Rs 10000/- is received from customer. pass necessary journal entries
Answer
# 4
Bank/Cash A/C       Dr.    10,000.00
      To Adv. From Customer A/C     10,000.00
(being adv. recieved from customers)
 
Is This Answer Correct ?    0 Yes 1 No
Pardeep Kumar
 

 
 
 
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