Answer Posted / k.vijay kumar
puchases a/c dr
to cash a/c
| Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
explain me what steps would you take to increase revenue for this company?
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
What is trial balance? What does an accurate trial balance suggest?
Tell me what do you believe makes a successful account executive?
List out some of the examples for liability accounts?
Please provide me the entire format of P.F. & ESI
Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.
Tell us did you use accounting applications at your previous companies or prefer working manually?
BRIEF IN DETAIL REGARDING RATIOS
Define bills receivable?
Spinoff,Spelloff
What was your average accounts receivable days outstanding/days sales outstanding?
What is the difference between cfa and csa?
Why have you applied to our firm?
