Answer / raji

My present company is shifting its business premises to far
from the present place.

Company A has purchased goods worth Rs. 25000 from company B and made the cash payment of Rs 5000 and remaining will be payable with in 30 days. Assume that there is a late payment charge @ 2% on remaining amount as the invoice was received after due date from company B. Pass the journal entry in the books of company A for all the above transactions.

1 Answers   SSPL,

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Diffeence between cash book and cash account?

1 Answers  

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what is the differece between salary and remuneration?

3 Answers  

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We can Show Director Exp. in Limited Compay,

1 Answers   ABC, Texmo,

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How to approve ‘n’ no. of invoices

0 Answers   Accenture,

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what is entry of depreciation in journal

4 Answers  

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what is vendor setup?why it is required in accounts payable process?

1 Answers   Cap Gemini,

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what is the entry for toll gate fee

0 Answers   Finance, MMM,

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how to calculate the income in accounting ?

2 Answers  

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What is cost of goods?

2 Answers  

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what ia mean by tally?

11 Answers   HSBC, ICICI, TCS,

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Original cost = Rs 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will be (a) Rs.21,000 (b) Rs.20,000 (c) Rs.15,000 (d) Rs.14,000

3 Answers  

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