lokesh


{ City }
< Country > india
* Profession *
User No # 57553
Total Questions Posted # 39
Total Answers Posted # 4

Total Answers Posted for My Questions # 132
Total Views for My Questions # 403534

Users Marked my Answers as Correct # 133
Users Marked my Answers as Wrong # 30
Questions / { lokesh }
Questions Answers Category Views Company eMail

Define Reserve & Provision?

Hindustan Copper Limited,

4 Accounting AllOther 17007

Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?

 Accounting AllOther 1466

Bank give some interest on deposit less tds what is the general entry for this?

 3 Accounting AllOther 4609

which form we use for TDS Return?

 5 Accounting AllOther 8339

What's the general entry for Prepaid salary on 31st march?

Genpact, IBM,

9 Accounting AllOther 31066

Define Accrual & what is accrual interest?

 3 Accounting AllOther 8394

Define Trial Balance?

Genpact,

13 Accounting AllOther 14511

Explain sensex?

 3 Accounting AllOther 6519

What are the rates of Depreciation? Like machinery items, wooden items?

 Accounting AllOther 1538

Expand ACTO?

 Accounting AllOther 1610

Expand AOP?

 2 Accounting AllOther 4636

Expand WCT?

 1 Accounting AllOther 3907

Expand WTO?

 1 Accounting AllOther 3476

Expand STP?

 2 Accounting AllOther 4846

Expand CCA?

 4 Accounting AllOther 7604

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Answers / { lokesh }

Question { 19820 }

what is the entry for cash received and after deposited in
to the bank


Answer

First Part - Cash Received

Cash A/c Dr. 100.00
To X 100.00

Second Part - Cash Deposit into Bank ( Contra Entry )

Bank A/c Dr. 100.00
To Cash 100.00

Is This Answer Correct ?    46 Yes 5 No

Question { 59448 }

Received from Krishna Murthy Rs 26500/- in full settlement
of due Rs 30000/-. Pass entry


Answer

Cash/ Bank A/c Dr. 26500.00
Discount A/c Dr. 3500.00
To Krishna Murthy 30000.00

Is This Answer Correct ?    66 Yes 21 No


Question { 8109 }

Hello everybody can you posted journal entry of this
question , if mr.A give advance rent Rs.20000 for 3 month
to Mr.B


Answer

Advance Rent A/c Dr. 20000.00
to B A/c 20000.00

Is This Answer Correct ?    2 Yes 3 No

Question { OPI Global, 7464 }

you purchase a machinary on a loan what is the joury entry
for that and where will you show the the loan amount in
balance sheet and show the ledger account?


Answer

First Part Answer........

Machinery A/c Dr. 10000.00
To Loan A/c 10000.00

Second Part Answer...........

If Loan Received from Bank than its show in secured Loan
Account under the liability Head.
If Loan Received from any friend or Family member than its
show in Unsecured Loan under the Liability Head......

Correct me if m Wrong......

Is This Answer Correct ?    19 Yes 1 No