when a customer buys a good. we have to debit bank and credit inventory equaly. but wouldnt selling a good make a profit?

0 Answers  

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payment made to the credit card from bank.In that half are personal and half are business related.how to account these transaction without credit card ledger.

1 Answers   ABC,

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Define depriciation?

5 Answers   Al Hamra Group,

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What is liabilities and what all does include in current liabilities?

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I have received a cheque from customer and i deposited into the bank next 4-5 days cheque has been bounced by the bank. Pls tell me what is reverce entry in the tally for cheque bounced and which option i will enter in journal or payment entry. Salary . is it direct exp or indrect exp.

9 Answers   Prime Focus,

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hi to all.... what is the treatment for Work-In-Progress in Tally...please answer for it as early as possible... thanks & regards

0 Answers   PWC,

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What is the networth percentage observe by banks

0 Answers  

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if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.

0 Answers   Sky Link,

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We are dealing in a security (MANPOWER PROVIDER)WE HAVE A PROBLEM AS PER OUR CLIENT'S REQUIREMENT pf and esic challan seprately require by client's can we generate seprate challan Please advice as early as possible.

1 Answers  

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what is Inward & outward remittances

1 Answers   ABC,

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I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.

0 Answers  

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give me some simple examples of personal account, real account, nominal account

2 Answers   TATA,

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