Answer Posted / purushoth

if i will get income 10000
Receipt Entry

Bank a/c cr 10000
Party a/c dr 10000

If i will Expenses 10000
Payment Entry

Expenses a/c Dr 10000
Cheque(Bank) a/c 10000

if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3782

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salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry

1598

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Can salary paid to promoters before incorporation be taken as a part of pre-incorporation expense? If yes how is the TDS part to be dealt with?

2654

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What is meant by public accounting?

1255

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Why we debit expenses and credit incomes ?

1809

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How do you prepare mis reports?

1106

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Explain me do you think accounting standards are mandatory and why?

1158

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What is the difference between accumulated depreciation and depreciation expense?

1220

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What is mis report , how to prepare mis report for general ledger?

1542

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My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance

1861

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salary and rent entry with tds deduct

1726

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what is cost center & cost categories in tally

2354

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consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000

1456

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Hi sir, Our appointed one agent for sales promotion activities. This agent doing the job "canvas of our product". My quires 1)it is eligible for service tax and how to accounted. 2) this transaction is direct expenses or direct expenses? Pl suggest me

1720

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6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?

2014

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