Interested to Buy Any Domain ? << Click Here >> for more details...
What will be entry for that: Busines strarted with brrowed
cash Rs. 25000 from Mr. X. if capital will be creadit.
???????????????????????WHY????????????????
- 5 Answers
- 11716 Views
- IAS, I also Faced
- E-Mail Answers
Answer Posted / jyothi
because it is debt to the company
| Is This Answer Correct ? | 11 Yes | 5 No |
Post New Answer View All Answers
How Can We Justify the,Real A/C & Nominal A/C?
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?
Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax
how to account branches in tally
What is liabilities and what all does include in current liabilities?
if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.
Tell us why did you select accounting as your profession?
difition of reserve & surplus
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
How to pass journal entry of gifts purchased for employee by using campany ATM card
Tell me what is an over accrual?
Tell me what does the investment of personal assets by the owner will do?
what are the main important accounting entries for AP and AR ...
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.
