If a paid to b rs.1000 on behalf of c what is the entries in
The books of a,b,c pls pass the entries
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Answer Posted / navneet goyal
In books of A - C's A/C Dr. 1000
To cash A/C 1000
In books of B - Cash A/C Dr. 1000
To C's A/C 1000
In books of C - B's A/C Dr. 1000
To A's A/C 1000
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pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-
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Wipro Limited Can u please send me a set of accounting base questoin with
answer,genraly ask by interviewer? Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS
NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST what is the relationship between bookkeeping and accounting? Plz Ask from me New Accounting Questions. What is tally and its features?
