Do you think there is any difference between inactive and dormant accounts?


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I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.

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Transport expense were reimbursed by the supplier Pass journal entry

1 Answers   Satyaki Educational Academy,


are tpt, freight & packing charges part of sales & purchase ??

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What Is ROC? Explian briefly?

4 Answers   JK Cement,


A new firm commenced business on 1st January, 2006 and purchased goods costing Rs. 90,000 during the year. A sum of Rs. 6,000 was spent on freight inwards. At the end of the year the cost of goods still unsold was Rs. 12,000. Sales during the year Rs. 1,20,000. What is the gross profit earned by the firm? (a) Rs. 36,000 (b) Rs. 30,000 (c) Rs. 42,000 (d) Rs. 38,000

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What is vat adjustment?

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Purchases book records: (a) All cash purchases. (b) All credit purchases. (c) Credit purchases of goods in trade. (d) None of the above.

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what is t code of journal voucher report with amount?

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i am normally accountant. i am not a CA. then i learn a account maintain

0 Answers   Airtel, State Bank of Mysore SBM,


what are the extraordinary items?

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what is the differene between sheduler bank and non sheduled bank with respect to crr and slr?

1 Answers  


ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10

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