What are the different fields of accounting?
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what is the definition of dual reporting in view of global market?
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Explain what is bank reconciliation?
credit card all entry pass in tally
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Explain accounting 101?
Tell me why some asset accounts have a credit balance?
discuss depreciation and types of depreciation
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
List out some of the examples for liability accounts?
any example should cover all three types of account in one entry