Answer / shyam

If expenses incurred by Director is related to business it
will pass as
Expenses A/c ... Dr.(Mentioned appropriate expense ledger.)
To Bank/Cash A/c

If expenses belongs to his personal it will pass as
Drawing A/c ... Dr.
To bank/Cash A/c.

if u sale an asset for 10000, which has a book value of 8500. what will be the journal entry???

4 Answers   ACS, EXL,

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who issues the accounting standards?

4 Answers   ABC,

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how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

1 Answers  

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if you are a hard working nature conclude your self?

0 Answers   Bank Of America,

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what is debit and credit?

1 Answers   Genpact, Infosys, Nainital Bank, Satyam,

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what the three thing that can not make accounting statement balance?

1 Answers  

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What is a Post-Through Date in Payment Batches

0 Answers   Accenture,

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RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above.

1 Answers  

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why and how does bills receivable increases assets??

1 Answers   Wipro,

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In tally software Alt+R ,Alt+u is used for?

6 Answers  

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Is push down accounting accepted under generally accepted accounting standards?

0 Answers  

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What are the accounting entries for branch accounts?

0 Answers  

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