One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?

0 Answers  

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We had purchased 100 Electrodes @ Rs 20/- Each. After a year we found 2 Electrodes is missing by physical Count. My Question is what journal entry should we passed against missing of 2 electrodes.

3 Answers   IBM,

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how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you

0 Answers  

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what is the diffrence between bank o/d & bank occ?

1 Answers  

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if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explain

1 Answers   Apollo,

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what do you consider to be the biggest challenge facing the accounting profession today?

0 Answers  

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Do you know partitioning in accounting?

0 Answers  

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what is SEC?

5 Answers   Genpact,

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how to pass year entry for incomtat payment.

1 Answers  

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Labour charge 100000  deduction tds 5%

3 Answers  

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why the closing stock arises in the trading account of final accounts

2 Answers  

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The purpose of accommodation bill is_______ (a) To finance actual purchase or sale of goods (b) To facilitate trade transmission (c) When both parties are in need of funds (d) None of the above

1 Answers   Infosys,

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