Answer / b nagi reddy

cash a/c dr
to out standing expences a/c

Answer / roshes

outstanding exp.a/c dr
To exp.A/c

Answer / rehanariha

Outstanding expe in balance sheet assest side and profit and
loss debit side

Answer / nagur

out standing expncs a/c dr
cash a/c

Answer / naresh.arjuna

Cash A/c Dr
To outstanding expenses A/c

commision of rs-150 paid but charged to interest account,journal entry

4 Answers   TATA,

what is mutual fund?

3 Answers  

a purchase of Rs.750 from raghubir has been debited to his account.purchase account has been correctly debited.

2 Answers  

how to calculate professional tax, what is the percentage and also turn over tax.

1 Answers   FactSet Systems,

in Tally what is cost cenre,cost categori and why we need to prepare them

0 Answers  

salary and rent provision entry in tally erp 9

4 Answers   RVSA,

If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account

3 Answers  

journal entry for interest collected by account holder from the bank?

1 Answers  

From the following Trial Balance of Seema Garments as on 31st Dec., 2007, prepare Trading Profit and Loss Account and Balance Sheet: Dr. Rs. Cr. Rs. Opening Stock 15000 Purchases and Sales 109000 180000 Manufacturing Wages 8000 Fuel, Power and Lighting 12000 Salaries 11000 Income Tax 5500 Loan to Mr. X at 10% pa. 5000 Interest on Mr. X’s Loan 300 Apprentice Premium 4500 Rent 4000 Rent Owing 600 Furniture (includes furniture of Rs.1000 purchased on 1st July, 2007) 5000 B/R and B/P 6000 1600 Plant 72000 Debtors and Creditors 28000 13000 Capital 100000 Cash 19500 300000 300000 Informations: 1. Closing Stock was valued at Rs. 30,000. 2. Goodsworth Rs. 5000 was sold on 28th December, but no entry was passed to this effect. 3. Goods costing Rs. 7000 was purchased and included into Stock but no entry was passed to record the purchases. 4. Create a provision of 2% for discount on debtors. 5. Apprentice premium received on 1st January, 2007 was for 3 years. 6. Depreciate the furniture by 10% p.a. 7. Salaries for the month of December, 2007 are still outstanding.

2 Answers   Ignou,

book keeping is the art of recording------in the books of accounts

6 Answers   Finance, Wipro,

what role did you play in collections?

0 Answers  

What is difference between debit note and Proforma Invoice

3 Answers   ICA,