Rams due of Rs 32500/- was settled thru adjustment of
security deposit Rs 12000/-and the balance in cash.pass
necessary entry
Answer Posted / vijayaraghavan
Cash A/c Dr 20500
Security Deposit Dr 12000
To Rams A/c 32500
(the Security Deposit is Liability for us, We receive
already its shown in Balance sheet side Current Liabilities)
Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
Expand-------ANTS
what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?
Short Answer on __________written Down value
What si the differance between REVENUE and PROFIT?
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them
Can u please give me example of bonds? is National savings certificate a Bond?
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
Expand-------ANC
Expand-------URM
barwaha