What is the entry for Discount Received? & What is the entry for discount paid?

13 Answers   Azizi Bank, i4 Mobiles, WNS,

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advance received from customer what is the general entry

5 Answers  

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If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?

0 Answers  

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Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?

0 Answers  

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Balance sheet is account or statement?and Which account is come under balance sheet(i.e. real,personal and nominal account)?

3 Answers  

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What is fbt (fringe benefit tax)?

0 Answers  

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What will be journal entry of provision for income tax in current year and Adjustment entry in next year

14 Answers  

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we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls

7 Answers  

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sale cycle

0 Answers  

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The following figures relate to the trading activities of M/s ABC Traders Ltd for the year ending 31 March 2004. Particulars Amount (Rs) Sales 5,20,000 Opening stock 76,250 Purchases 3,22,250 Closing stock 98,500 Sales return 20,000 Selling and Distribution Expenses Salaries 15,300 Advertising 4,700 Travelling 2,000 Administrative Expenses Salaries 27,000 Rent 2,700 Stationery 2,500 Depreciation 9,300 Other charges 16,500 Provision for tax 4,000 Non Operating Income Dividend on shares 9,000 Profit on sales of shares 3,000 Non Operating Expenses Loss on sale of fixed asset 4,000 You are required to: (i) Arrange the above figures in a form suitable for analysis. (ii) Show separately the following ratios. Net profit ratio Operating ratio Stock turnover ratio

1 Answers   Candico,

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Is electricity charges are direct or indirect expenses

5 Answers  

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What is mean by deffered revenue expenditure?

2 Answers   TCS,

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