Answer Posted / ajaykumar
Income = sales-Grossprofit
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
What is a contra entry
Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!
Why is accuracy important in accounting?
Do you use social media to identify prospects?
My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?
Explain fictitious assets?
Explain which account is responsible for interest payable?
What are a debit note and credit note with an example?
If closing stock is given in adjustments, how we show in tally 9.0 ?
IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?
Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP
Why is it necessary to prepare Asset Disposal Account?
List the type of transactions entered in journal proper.
What have you read in the newspapers in the last few days that particularly interested you?
What are the major components of country's trade account?