Rent paid out of your personal cash 3000 SAR

9 Answers  

---

what are the tricks in posting trial balance ?

2 Answers  

---

entry for cash received from debtors

0 Answers  

---

A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.

0 Answers  

---

is we should taken the cl or op. stock in trail balance

2 Answers  

---

what do you mean by accrual & due ? What is the difference between Accrual & due?

4 Answers   Genpact, HCL,

---

I have received 75000/- as retainership fees from ABC company but they have deducted TDs 10% and send me 67500/- my question is that what entry i have to pass in my books please help me

5 Answers   Pharma Traders,

---

what is account reconcillation

0 Answers  

---

director wife expenses which entry

0 Answers  

---

Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs

0 Answers  

---

HOW WE CLOSE YEAR ENDING? e.g (CASH, BANK, SALES, PURCHASE, GENERAL LEDGER, AND OTHERS AS PER YOUR YOUR KNOWLEDGE)

1 Answers  

---

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

3 Answers  

---