Answer / devendra

Expenses A/C.........
To account Payable A/C..............

Account Payable A/C........
To Bank /Cash..........

Answer / ravindra thakre

this year expences but not paid in this year so expenses
paid & this expences payable

exp.

telephone Bill Rs.-300 Bill March
Bill Paid April

Dr. Telephone Charges -300
Cr. Telephone Charges Payable -300

Then Paid Amount April

Dr. Telephone Charges Payable -300
Cr. Cash Or Bank -300

Answer / rakhi

A/C Payable A/C Dr
To Vendor A/C Cr

Answer / pradeep

salary a/c dr
salary exp payable

Answer / chandrakant

Debit A/c Dr.

To Vendore Cr.

Answer / shivakumar.c

Sundry Creditors A/c Dr
To Cash \ Bank A/c Cr

If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the amount of purchase will be (a) Rs.80,500 (b) Rs.74,900 (c) Rs.74,700 (d) Rs.80,900.

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What is the difference between depreciation and amortization?

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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,

hai, friends am new to sap and i need a sap fico resume any one have plz forward to my mail plz with min 3+ years exp any sap FICO resume mail ID- srinu.gurram@gmail.com

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wt is a/c

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Explain which accounting application you prefer most and why?

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AFTER MY QUALIFICATION WHAT IS THE UNIQUE THING ABOUT ME THAT COMPANIES EXPECT?

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Differentiate between consignor and consignee?

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By saying, perpetual or periodic inventory system; what do we mean?

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What is the journal entry for sundry debtors

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what is cost of captial

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