Good will of Rs 100000 brought by D,a new partner was
withdrawn by the partners in equal ratios.Pass required
entries
Answer / guest
New partner a/c Dr.
to Cash/Bank a/c
(Being goodwill withdrawn.)
Is This Answer Correct ? | 2 Yes | 0 No |
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
What is bank Reconciliation Statement?
Expand C & F Agent
what is sox ?
On 01-04-2006 Mr. Dhanpal started business with Rs.2,00,000 cash and opened a bank account with Rs.1,50,000. He purchased furniture for his business for Rs.25,000. Goods were bought from Deendayal for Rs.50,000 on credit. He sold goods for Rs.27,000 in cash and 30,000 on credit. He paid Rs. 2,500 for business expenses during April month. Rs. 10,000 was withdrawn for office purposes from the bank. Find out the closing balance of cash and bank.
Raman site engineer joined on 1-1-2009 in the company with an agreed salary of Rs 20000/-. On the joining date he was given advance of Rs 50000/-agreeing for adeduction of Rs 7500/- for month from salary. Pass salary entry till March,and let me know the advance balance as on 1st April
What is Accounting? How to prepare the manual accounts? What are the manual accounts? What are the subsidary books? How to classify, summerising and posting accounts. What are basic and important stpes to take while preparing journal,ledger,cashbook, Bank book, Trailbalance, Trading and profit and loss a/c and Balance sheet.
2 Answers MM Investment, Wartsila,
Expand ________GST
what is the difference betwen p & l a\c and income & expenditure statement
Company A is having operating cycle of 15days...b is having operating cycle of 10 days which company is having better position
Expand I T O
what is the entry for rent paid to company, provision for taxes in your books?,