Answer / azim21

RAVI A/C .....DR. 
DISCOUNT A/C..DR.
      TO SALES/GOODS A/C

(BEING SALES OF GOODS & DISCOUNT GIVEN)

Answer / azim21

RAVI A/C......DR.
DISCOUNT A/C..DR.
       TO SALES/GOODS A/C

note for sundry debotrs and sundry creditors

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Hi Everybody, i would like to know the journal entry for the below question, 1). One color Tv is taken by proprietor for Personel use. also in TALLY Accounting package how i can post,if it is drawings,under which account, please let me know. Thanks,

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Explain: Accrual Concept, Realisation Concept, Going Concern concept, Accounting period Concept

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which are the final entries while closing of books and account at the end of financial year ?

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if u r work in showroom as a accountant. one day owner's friend is come into his showroom and he want to buy a 1 track-shoot but he confused and he take 3 track- shoot with us and reply he only pur. 1 track-shoot & 2 track-shoot return after 3 days. so now what is entry passe in account.?

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What is the difference between the accrual accounting and cash accounting?

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WHAT IS SAP????

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What do mean by GL Reporting ?

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how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE

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what are the General Ledger (G L)Accounts?

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Paid-up capital ?

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What are the most important goals of accounts receivable?

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