Stale Cheque entry in the books & when it reissued again
then Entry in the books.?
- 2 Answers
- 9006 Views
- I also Faced
- E-Mail Answers
Answer Posted / anupam kumar
I think there is a minor correction needed to this answer.
The entry should be.
Credit purchase-purchase Dr to Creditor.
Cheque issued to creditor-Creditor Dr to Bank.
Cheque returned-Bank Dr to Creditor.
Cheque issued again-Creditor Dr to Bank.
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
what are the financial ratios that a manager see in accounting?
what is Functional Specification in SAP FICO?
Expand--------AA
Explain why retained earnings have an opportunity cost associated?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
distinguish between price rate and time rate?
1. Fdr mature with interest
selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety
Could u show me the sample TDS Document / Template
if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.
What are the benefits ofparticipation in a depository?
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
My BASIC Salary is 18,000
Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?
what is controlership?
