1) XYZ Ltd bought goods for Rs.200000 from ABC Ltd. The co gave 10% discount. give journal entries in the books of ABC Ltd and XYZ Ltd. 2) Goods bought for Rs.400000. While transporting goods destroyed. Insurance co agreed to pay 75%. post journal entries.

6 Answers  

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why we transfer wages and salary in trading a/c,and why we transfer salary and wages in p/l a/c?

2 Answers  

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How you will treat purchase of phones & software CD's in Tally. what are the heads for both.

3 Answers  

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In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.

0 Answers   Genpact,

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What is working capital...?

5 Answers   Ambuja, Capital IQ, FIS,

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What are the columns of a journal?

0 Answers  

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what is the diff btw charge and appropriation

7 Answers   Capital IQ, FactSet Systems, HP,

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f-form is issued for transfer of good.is issued on purchsing amount or sale amount on which tax is paid.

1 Answers  

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Goods costing Rs.40000 was lost by fire but 3/4th of the claim was accepted by the insurance company

1 Answers  

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What is difference between financial lease & operating lease (IAS 17)? Also pass the journal entry treatment for both the leases.

1 Answers   QX Limited,

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Which accounting application you prefer most and why?

0 Answers  

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why the closing stock arises in the trading account of final accounts

2 Answers  

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