What is the journal entry for credit purchases.
- 10 Answers
- 16878 Views
- Genpact, IBM, I also Faced
- E-Mail Answers
Answer Posted / gowri s
Purchase A/C Dr
To Sundry Creditors or
Vendors A/C
(Being Credit Purchased of goods)
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
What are the rates of Depreciation? Like machinery items, wooden items?
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
which name written in Tan application form Applicant is sole proprieter companies name or individual name?
Examples of automatic generated content material of car logbook loans?
what is duties and responsibilities for clark working in sbi
what are the rules and regulations of junior accountant
What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?
do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...
What Settlement details are required on the delivery instruction slip?
what is investment banking
What are the general Ledgers?
