Answer Posted / ganapathi k
personal account : debit the receiver, credit the giver.
nomial account : debit was comes in , credit was goes out.
| Is This Answer Correct ? | 10 Yes | 8 No |
Post New Answer View All Answers
how to enter the tender refund amount in tally ?
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
What is the diffrent job&project accounting?
goods worth rupees 440 distributes free among the poor?
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.
How new/innavtive assets are to be treated under IFRS?
GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry
Explain what is balance sheet?
Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)
What is trial balance? What does an accurate trial balance suggest?
HOW CAN WE CONVERT IN CFT TO A ROUND LOG??
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
What is invoice processing can u explain it?
What are the activities that are included in the cash flow statement?
