Answer Posted / nagaraj

Intention can no to be accounted, we can pass the journal
entries based on assumption i.e, cash purchase and cash
sales or credit purchase or credit sales.

If Credit purchase;

Purchase A/c Dr 100.00

To XXX A/c (Creditor) 100.00
(Being purchased goods on credit
vide InV no XXXXX Dt: yyyyy)

If Credit Sales;

YYYY A/c (Debtor) Dr 200.00

To Sales A/c 200.00

(Being goods sold on credit
vide Inv No xxxx Dt: yyyyyy)

I need all WNS interview questions

1132

---

I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

1569

---

What are the duties of sales tax department? Explain it

1773

---

what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?

1861

---

define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09

1726

---

---

Expand-------NSAC

1486

---

What is Compliance?

1654

---

if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?

1414

---

Please do tell me about the questions which are asked at BACS FINAL ROUND.

1700

---

Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account

1598

---

what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

1810

---

I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

1644

---

Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .

1746

---

Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2134

---

How can a company reduce profit

1531

---