any example should cover all three types of accounts in one
entry
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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 the Difference Between Tally Software & SAP Software..?
14 Answers GTS, SSK, TATA,
How i should sellone the mobile phone when interviewer will ask sell this phone to me?
genteral interview question for accounting
What does mean is Profit & Loss Account Shows Debit Balance in Trail Balance ?
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
Derivative
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
when we have to use form 12ba in income tax with example
WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY
1.Closing Inventory consists of 1,100 units. What would be the cost of Closing Inventory under FIFO and LIFO methods? Opening Inventory 1000 units @ $ 10 $ 10,000 Purchase (1) 800 units @ $ 11 $ 8,800 Purchase (2) 500 units @ $ 14 $ 7,000 Purchase (3) 400 units @ $ 12 $ 4,800 Purchase (4) 300 units @ $ 13 $ 3,900 ------------ ----------- Totals 3000 units $ 34,500 ======= ======
What is the Major Difference between Revised Schedule VI and Old Schedule VI ?
What is Fund Flow and how to prepare that?