Answer Posted / rajesh
Sales Return is our Asset. because When we received our
Goods we will debit Sales Return So it will be Asset. But
this will not come to Balance Sheet. It will come to Profit
& Loss A/c
| Is This Answer Correct ? | 36 Yes | 9 No |
Post New Answer View All Answers
What is the difference between reserve and provision.
you went outside to purchase vegetagles, suddently big rain came then what you will do
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
Distinguish capital and revenue expenditure
How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?
Do you need an income statement if you do part time contract work at home?
define drawer or maker
What are Mortgage Payment Problems?
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
what is dieerence between capital cpapital structure
what is the cost and financial accounting? what is double entry system ?
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
Can you explain about the distinction of Book-Keeping and Accounting
how will you create the posting periods 3 and 5 or 5and 7?
Short Answer on _________Business
