Interested to Buy Any Domain ? << Click Here >> for more details...
What will be the Journal entry for these transaction-
Sold goods costing Rs.20,000 for Rs.30,000 on cash
- 15 Answers
- 60334 Views
- ICA, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sukhraj singh
cash A/C dr:3,00,000
to sales A/C:2,00,000
to capital A/C:1,00,000
| Is This Answer Correct ? | 4 Yes | 18 No |
what is depreciation ? and its entries ?
8 Answers Genpact, HC, HCL, HP, TCS,
Please would you provide me with a defenition of Cycle count tolerance ? Thank you
what is invoice
HOW GET DUTY AND DRAWBACK ? ON WHICH TYPES ITEMS WE GET DUTY DRAW BACK?
What is the purpose of preparing a bank reconciliation and why is it necessary?
What is the meaning of Journal Voucher? when u have to use this transaction tell me breif?
What a deferred asset is and give an example?
will preference share holders will have voting right?wat is difference between eqity holders and preference share holders
What is reversing journal entries?
how many times we can deposit the old currency in one a/c in the bank
what are accounting standards
i am working in pvt company as accountant. but i have one doubt in case of tds deduction. becouse we have paid Rs.25000/- to Just Dail Group account as a Advertisement Expences. I know Rules of Tds deduction Rule no: 194C any payment to contract (advertisement contract) must want to deduct tds (1.133%)if u paid advertisement expences more than Rs.20000/- (one time). but my doubt is this. how much our assessment value in this creditor. up to 20000 don't want to pay tds. r we only assessed value Rs.5000 (25000- 20000), ie Rs.56.65 or whole amount (25000)ie Rs.283.25. anybody can help me
Audit 
