Answer / mahesh

When ABC generate a Invoice in name of Bharti Airtel and he did not include S Tax and invoice send to Debtor in this situation he send debit note to Bharti for S tax amt

How to make entries in Talley for the advance of Rs. 5 lacks is given from the Project A to B to be returned after some months

1 Answers  

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Sanjay Ltd invited applications from the public for the issue of 10,000 equity shares of Rs. 10 each at a premium of 20%, payable Rs. 3 on application; Rs. 5 on allotment including premium and the balance in two calls of an equal amount. Applications for 15,000 equity shares were received. The directors allotted 10,000 shares to all the applicants on pro-rata basis adjusting the excess application money towards allotment. All money due on allotment and calls were received. Give journal entries to record the above transactions in the books of the company. Also show the balance sheet.

2 Answers   Ignou,

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How many types are accounts head?

15 Answers   Limton,

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What are its characteristic features of financial accounting?

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How to pass advance entry in tally, and how it should adjust against future invoice.?

9 Answers   Alpha Technologies,

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In South Africa, the value added tax is administered by?

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define SOX

1 Answers   WNS,

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If you are a well experienced accounting personal and you apply for a job, what is that you will look in a firm before joining as the market is recession hit.

2 Answers   DELL,

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any example should cover all three types of accounts in one entry

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Journal Entry:- Till taking for the months Rs 10000.

2 Answers  

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What is meant by Deferred Asset?

1 Answers  

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Define "book value" as applied to accounting

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