any example should cover all three types of accounts in one
entry
Answers were Sorted based on User's Feedback
cash paid to Ravi on discount?
Dr cr
(pesonal a/c) Ravi a/c......Dr xxxx
(real a/c) To cash a/c xxxx
(Nominal a/c) To discount a/c xxx
| Is This Answer Correct ? | 14 Yes | 0 No |
Answer / kunal turi
cash paid to PARTY on discount?
Dr cr
(pesonal a/c) PARTY a/c......Dr xxxx
(real a/c) To cash a/c xxxx
(Nominal a/c) To discount a/c xxx
| Is This Answer Correct ? | 2 Yes | 0 No |
what is upper circuit & what is lower circuit? please guid with an example?
maximum bank permissable finance
Valuation of Goodwill and calculation!! question asked in many companies,try to remember the methods..
What is the meaning of Stock valuation, and how ?
An amount of $287 written off as a bad debt in a previous accounting period was received from photo services. How to pass the journal entry?
Why do we prepare trial balance?
cupboard chairs are assets or indirect epenses ?
Our company given party to employees. this expenditure which account head booked ? please tell me
What is GR form ? what its use please give me a details of GR ?
who issues the accounting standards?
Explain different branches of accounting?
when we compare to bank statement with the our pass book the enteries are opposite why this happens?