Answer Posted / seetharamaiah.myneni
1)party a/c dr
to renta/c
2)party a/c dr
to tds on renta/c
to cash a/c
Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
what is the relationship between cost accounting financial accounting and managerial accounting?
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
what is bank aceleted?
Do you know any other accounting application?
how sales invoices adjusted against advance received from Debtor?
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
What is depreciation and how many types are there. Please give details?
what is the amount withdrawlfrom other cbs branch by multicity chequ book.
What is the difference between cfa and csa?
What is your role in planning?
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
Please guide in details about Payroll in Tally.erp9??
Define "book value" as applied to accounting
Sales tax waybill is required for how much value of invoice (for example we raise Rs.1000 bill is waybill required in andhra pradesh)