What is the entry posted for GRN (Goods received Note)?
If the stock received from the party what entry have to post
in books? And in which a/c it has been hit?
- 2 Answers
- 17084 Views
- I also Faced
- E-Mail Answers
Answer Posted / prasad
1. GRN a/c dr XXX
To Party a/c XXX
Being GRN received from the party
2. Inventory RM a/c dr XXX
To GRN a/c XXX
Being stock received from the party
**** Inventory a/c has been hit
| Is This Answer Correct ? | 6 Yes | 5 No |
Post New Answer View All Answers
state and explain THREE types of situation to which accounting concept might be applicable
You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6
Expand---------BPCD
what is cnc machine hour rate? how it is calculated?
commisiion recieved journal entry and receipt required
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
Expand---------ODMT
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them
Feature of Master letter of credit of Garments manufacturing company?
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.
HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?
how to prepare HSD statements in tally
Expand-------ASRT
What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?
