IF CASH-IN-HAND COMES IN CURRENT ASSET(HEAD) THEN PLEASE
TELL ME IN WHICH HEAD COMES "SALES RETURN" AND "PURCHASE
RETURN"

Answer Posted / yash

Sales return under sales head
and purchase return under
purchase head. Coz its related
sales and purchase and effect
trading account if you don't do
it that purchase return direct
effect purchase account and
never know exact amount of
purchase.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand---------OTMD

2007


distinquish between liquidity ratio and asset management ratio

1436


I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????

3762


what is Functional Specification in SAP FICO?

421


what do u mean by comparative budget?

1545






What z d diff of accounting principle,accounting standard,accounting rules,accounting procedures,accounting concepts??????

1881


MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?

1453


CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1019


Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance

1449


How does the ration analysis help in depicting profit and loss

1701


How can fictitious assets be measured or valued?

1591


recently release the 6.0 version not succede in the market why?

1514


describe the most complex challenge that you have faced and how you managed it

1780


capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)

1798


What is finance lease

1730