ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
1 2592My Books of Accounts started from January 2013, I have opening Bank Balance Rs.1000/- Owner says this amount paid by one client in December 2012 appear in bank statement What is Accounting entry for the Accounting 2013 ?
1 4753Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
1 2750we are paid advance to employee Rs.5000 for TADA. After Trevelling employee return Rs.500. please pass journal entry
4 8304In our company we are making payment through X bank and again we opened a new account in Y bank and we deposited cash in this bank rs.10000.and cash is used from X bank. then what will be the entry & how to adjust with old bank
1 3071payment made to the credit card from bank.In that half are personal and half are business related.how to account these transaction without credit card ledger.
1 2639Post New ABC Accounting General Interview Questions
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While calculating the weight of the steel per running meter, the formula used is [(dxd)/162]. Why 162 is used in denominator & how it is derived?
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