Answer / prasad

Actually we have to pay Rs 1000 to A but A will be pay to B. A said to us Please pay Rs 1000 to B. In these case we pass as below entries.

1.Purchase a/c Dr 1000
To A a/c 1000

2. A a/c Dr 1000
To B a/c 1000

3.B a/c Dr 1000
To Bank a/c 1000

Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?

0 Answers  

---

what is the difference between speculation & investment?

0 Answers  

---

What is Provate Placement?

6 Answers   Capital IQ,

---

What goals do you have in your career

0 Answers   Amdocs, GSK GlaxoSmithKline, IBPS, JPMorgan Chase,

---

Choose the right answer when cheque given to a creditor dishonour,we have to credit 1.Creditor 2.Bank 3.loss

2 Answers  

---

Expand I B M

1 Answers  

---

Explain Hybrid system of accounting

1 Answers  

---

What is mean by Reserve on Consolidation?

1 Answers  

---

WHAT DO U MEAN BY REPO RATE???

18 Answers   LN, Punjab National Bank, State Bank Of India SBI,

---

Expand R B I

4 Answers  

---

What is the difference between the Invoice and Bill?

4 Answers   Karvy,

---

What is the difference between capital work in progress and capital commitment??

2 Answers  

---