What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
how to see reoprt of miro booking in SAP FI
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
How new/innavtive assets are to be treated under IFRS?
what is difference among credit, loan, advance
What is the procedure of submit bank guarantees and cancellation.
what is service tax & excise? How will it be charged?
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?
What is the journal entry of building rent and TDs payment?
In accounting, vat abbreviates what?
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
how to record the full and final settlement of employee (salary payable,other payable,,....) when he leaves the company ? or how to pass the entry for that ?
Contrast bookkeeping and accounting
what are the steps for the payment cycle of the firm or company?
what is the procedure to appoint an Austrlian citzen as indian company director...