Interested to Buy Any Domain ? << Click Here >> for more details...
in Tally accounting programme where should I can make
ledger for Work in Progress? under which accounting head?
Eg. Debit will be under Current Asset a/c and what about
credit? whether it is under Purchase a/c? or under Income
a/c?
- 2 Answers
- 16093 Views
- I also Faced
- E-Mail Answers
Answer Posted / naresh roy
Yes, In tally accounting programe Work in Progress ledger
can be created under the group 'stock in hand'
I don't think that Work in progress will have credit balance
ever. This is a current assets and always it will have debit
balance
| Is This Answer Correct ? | 14 Yes | 5 No |
Post New Answer View All Answers
What is mutual fund sub accounting?
i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.
Tell me do you possess any knowledge about accounting standards?
is WCT aplicable on educational institutions also??????
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
What is balance sheet and off balance sheet?
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
why creditors a/c dr. to discount received a/c ?
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
what is dmat charges?
What are the different fields of accounting?
