Rs.5000 paid school fees of Director's son. pass the journal
entry
Answer Posted / tanvi
Drawings A/C Dr 1000
To cash A/C 1000
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Explain dual aspect term in accounting?
What is mutual fund what is derivatives what is capital market what is TDS.breifly
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
What are the three factors that can affect your cash flow and business profitability?
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
Private purchases amounting to rs 5000 have been debited to purchases account
Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?
What is a ledger?
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
How many types of business transactions are there in accounting?
What is the difference between perpetual and periodic inventory systems?
Tell us how can you define departmental accounting?
What is compound journal entry?
Expand ctc cheque?
What is service tax & excise?