. Expenses a/c. Dr.
To vendor a/c. Cr.
What is an impact of this transaction on business
Answer Posted / r. k. mallick
It means Expenses incurred by Business on Credit. The Vendor
a/c will settle on later as per terms & condition.
Is This Answer Correct ? | 18 Yes | 1 No |
Post New Answer View All Answers
why you want to lecturer
What is accounting ethics?
what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?
Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?
Explain me have you ever heard about tds, what it is?
DIFFERNCE BETWEEN RESERVE AND FUND?
what is the rate of vat,cst,in mumbai
what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle
What is journalizing?
What is double-entry accounting? Explain with an example?
how sales invoices adjusted against advance received from Debtor?
WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
What is band and why the company needs this?
Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs