pl. tel me what is the entry for this transaction
1)i deposited rs.10,000 t/w. dealer ship deposit
2)the goodwill amount 1 lakh brought by raju was
appoprtioned and paid to the existing parteners
eswar,mahesh,ravi as per their sharing ratios 38% , 24%, 38%
- 1 Answers
- 2941 Views
- I also Faced
- E-Mail Answers
1.Dealesrship deposit a/c Dr 10,000/-
To Cash/Bank a/c 10,000/-
(Being deposit made for Dealesrship deposit)
2.Goodwill a/c Dr 1,00,000/-
To Eswar a/c 38,000/-
To Mahesh a/c 24,000/-
To Ravi a/c 38,000/-
(Being Goodwill apportioned among the existing partners)
I think you are interested in journal Entries. So pl visit
once my favourite site www.therealaccountants.com for more
and more about practical Journal entries. This is the only
site dealing in Practical Journal Entries
Sankeerthana
| Is This Answer Correct ? | 8 Yes | 1 No |
Which type of transactions are used in TallyJournal?
We are dealing in a security (MANPOWER PROVIDER)WE HAVE A PROBLEM AS PER OUR CLIENT'S REQUIREMENT pf and esic challan seprately require by client's can we generate seprate challan Please advice as early as possible.
My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.
Explain the methods of Accounting?
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
what is motive behind create depriciation reserve? how to pass journal entry in case of depriciation reseve?and how it shows in the books of co.
What is LIFO and FIFO ?
Differentiate accounting and auditing?
book keeping is the art of recording------in the books of accounts
what is the journal entries of payable?
What does the standard journal entry includes?
what is lease accounting?? please explain me....
Audit 
