What is general entry credit purchase?

Answer Posted / nirmal

Entry:-
Purchase a/c. Dr.
To vendor/ supplier a/c

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above

1534


How does Cheques work while processing it in SAP? What are the effects and the methods.

1748


Do you know public accounting?

631


what do you consider to be the biggest challenge facing the accounting profession today?

587


I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so

1596






How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries

1446


what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?

1577


while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

2878


in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

4610


What is Prepaid Entry

1271


What does overhead mean in regards to accounting?

652


AL+w button lanunches the .............. installed web brower

1623


Please give me as example of service tax & Vat Posting through Tally.

1691


Explain what a deferred asset is and give an example?

628


describe the rule of garner vs murray and how it relates to the dissolution of a partnership

4282