Answer / manab

Creditor A/C ............. Dr
to purchases return


Sales return A/C ............. Dr
to debtor A/C

Answer / santosh

Purchase A/C dr
To cash(Bank) A/C

Cash A/c dr
to Purchase return A/C


Cash A/c dr
to Sales A/C
Sales return A/c
to Cash a/c

Answer / guest

for purchase return
Cash dr
To purchse ret.

For sales return.
Sales ret dr
To cash

how many types of deprecation (exactly)

14 Answers   Bank Of America,

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why profit is a liability and loss is an asset?

5 Answers  

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who is the customer and vendor?

2 Answers  

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audit under section and penalty under saction scurtiny under saction

0 Answers  

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for which account the cost centre should be given?

1 Answers  

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What is the general net worth percentage banks will observe while sanctioning the Loans for Tranding, Construction and Manufacturing units.

0 Answers  

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expenses incurred in the formation of the company are show in : 1)debit side in the profit and loss a/c 2)as an assets in balance sheet 3) as an liabiliies in balance sheet 4) credit side in profit and loss a/c

2 Answers  

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1. our co., start from 20.05.10 but at the time to till our capital invested m.d spend Rs:98000 as food,refreshment,rent guesthouse,travelling exp e.t.c., now we want to return to him (i.e) all the expenses (amount will pay may be 17.08.10, how to account it in tally for the expenses of M/D . and payment entry. I need the help

2 Answers  

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Tell me the types of accounts involved in double entry book-keeping?

0 Answers  

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In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.

0 Answers   Genpact,

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For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?

0 Answers  

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director wife expenses which entry

0 Answers  

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