goods lost by fire rs10000 & insurance claim received for
the same rs8000.what are the effect of this entry in final
accounts?
Answer Posted / keshav gc
purchases ......
less:good loss by fire 10000.
...p/L alc dr 2000...
balance sheet.... assets 8000
Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry
My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.
Explain what qualities and skills make an account manager successful?
what is current rate of excies duty for a manufacturing company?
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
What are the reasons which cause pass book of the bank and your bank book not tally?
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details
Please give me as example of service tax & Vat Posting through Tally.
Tell me what do we mean by purchase return in accounting?
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????
Tell us did you use accounting applications at your previous companies or prefer working manually?
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
if you are a hard working nature conclude your self?