our company given party to employees. this expenditure which account head booked ? please tell me

1 Answers  

---

what will be the journal entry-discount rs 2000 allowed to mr x.and discount received rs 2000 from mr x.actually i am confused that in the first entry both discount a/c and mr x a/c will be credited as per the accounting standards.please help experts.thanks

4 Answers  

---

How you can adjust entries into account?

0 Answers  

---

HOW WE CLOSE YEAR ENDING? e.g (CASH, BANK, SALES, PURCHASE, GENERAL LEDGER, AND OTHERS AS PER YOUR YOUR KNOWLEDGE)

1 Answers  

---

A Vat account debit balance reported in the year end trail balance would represent?

1 Answers  

---

What is the journal entry for insurance premium payment of a company

9 Answers  

---

Why loss shown in as Assets in Balance Sheet?

3 Answers  

---

what is general accounting

0 Answers  

---

Mr.x gets Rs66000P.M .He told that you donot cut any dedution from my salary.This is possiable please tell some useful investment

2 Answers  

---

what is payroll

2 Answers  

---

when we debit any party in our account?

7 Answers   Syntel,

---

My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance

0 Answers  

---