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Why is Interest A/c debited and Bank a/c credited when interest is charged by the bank?? Here I assume Its an expenses so interest is debited but I don't understand why bank is credited?? Bank is a personal account. Please explain this doubt?
2 4044rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
2077we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.
2074how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
1859Post New Accounting General Questions
Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.
Dear sir, In tally what is list of cost centres? and what is the list of cost categories?
6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
In the Manufacturing IF QC reject the material. Then where to record rejected material amount.
Describe the proof of cash type of bank reconciliation?
What is band and why the company needs this?
record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
What qualifications have you achieved?
What is the purpose of a balance sheet?
what is cost center & cost categories in tally
how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
What is entry of Dishonored cheque issued to supplier
Pls let me know Job profile for Account Manager.
Why an Expenditure is called Differed?
