If i paid cash to my merchandiser(employee) in his imprest
account.& if he is not able to arrange the purchase bill than how
will be his account settled or what will be the entires for this
process.
- 1 Answers
- 3433 Views
- I also Faced
- E-Mail Answers
Answer Posted / rakesh patel
IT IS SALLTED BY DEPOSIT CASH BACK AS IT IS.
| Is This Answer Correct ? | 3 Yes | 3 No |
Post New Answer View All Answers
What are a debit note and credit note with an example?
WHAT IS THE PORTFOLIO MANAGMENT SCHEMES ? ITS WHICH TYPES INCOME ?
Tell us what is icai?
Tell me how you can adjust entries into account?
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
Tell me how much statistics knowledge is necessary or required in accounting?
What does the investment of personal assets by the owner will do?
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
i am normally accountant. i am not a CA. then i learn a account maintain
What is the revenue recognition principle?
Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.
WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
Explain have you ever prepared mis reports and what are these?
Which steps in Procurement to Pay process does FI documents get created.
