One of our Sundry Debtor paid the Bill amount to our sundry creditor. What is the accounting principle. Which is the use Voucher in TALLY?
Answer / Jay Prakash Mani
The accounting principle involved here is the 'Debit to Asset, Credit to Liability' rule. In this case, the Sundry Debtor paid an asset (cash) to the Sundry Creditor, reducing their liability. The voucher used in Tally might be a 'Receipt Voucher' for recording this transaction.
| Is This Answer Correct ? | 0 Yes | 0 No |
What are some opportunities for entertainment managers in the field of Venue Management?
What experience have you had in personnel administration?
1 Answers Microtek, Orient, Telnet,
what is pf and esi?what are all the shemes available to an employee in both?
What are some career opportunities for entertainment managers in the field of Events Management?
I cleared the Federal bank po exam. Now i am preparing for the interview. But i am so much confused what i hav to prepare.. And how i behav in front of them.. Am a little bit tensed about that.. In fact, am poor in my language.. Could any one help me for improving my language skills????
let me know whether absenteeism(%age) should be calculated on Hours available or on Labour Hour Rate while calculating LHR
wat s the difference between Job & Vaccancy
No one should be condemned unheard ? what does this mean
How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communication process towards attaining your specialized goals?
1 Answers Asian Paints, Sadhu Forging,
What is the next number of this sequence 2,9,5,13,10,19,17?
What do you mean by Management? Describe its essential functions of management. Distinguish between Administration, Management and Organisation.
26 Answers Airtel, CPI, Insurance,
What is the contacts definition and function....?
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3208)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)