what is journal entries for Vehicle loan
settled with bank after Sale of the
vehicle on profit or loss in case the party
paid check direct to Bank .......???
Answers were Sorted based on User's Feedback
Answer / pushkar
Loan A/c Dr
to party A/c
Party A/c Dr
to Vehicle
to profit on sale a/c
cash/ bank a/c dr
To, Party a/c
Is This Answer Correct ? | 1 Yes | 1 No |
What information do you require before you approve an invoice for payment?
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
Reconciliation a/c in SAPM ERP
what is cost price formula ????
excess cash withdraw from bank for staff salary than remain amount deposited into bank., what will be journal entries for above transactions
What is the due date of Filing PF return? Is it being filed half yearly or annually?
What are FCCB and IDR?
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
Explain about SEC
What is GL Master Maintanance
IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?
Sir, I want to know about Entry Tax. I purchased the Packing Box from other state.the entry tax on the packing items is 5 %.but now sale tax deptt. close the entry tax on barrier. the tax will be deposited with return. sir we want to know can i deposit this entry taxon on CST challan or not. if not then how can i deposit, or which cloumn in return shown this amount. please send the return format my mail ID is happynlg@gmail.com