Answer / ganeshan m

sundry debtors a/c Dr
To sales a/c

sundry creditors a/c Dr
To purchase a/c

Answer / jayesh

1) credit sale
party a/c ......Dr.

To sales A/c

2) purchase Credit
purchase A/C.....Dr.

To Party A/C

Answer / shaik alaudeen

Journal Entry for Credit Sales :

Sundry Debtors A/c  (Dr)  xxx
   
     To Sales A/c                  xxx

Journal Entry for Credit Purchases :

Purchases A/c       (Dr)  xxx

     To Sundry Creditors A/c       xxx

Answer / 1963

Credit sale.

Party(sundrey debtors)a/c Dr
To Sales

Credit purchASE.

Purchases a/c Dr
To Party(sundry creditor)

Answer / mohammed imran

credit sale:
(party)sundry debtor a/c Dr. xxxx
.To sales a/c Cr. xxxx
(being goods sold on credit)

credit purchase:

purchases a/c Dr. xxxx
.To (party)sundry creditor Cr. xxxx
(being goods purchase on credit)

Answer / kumar

credit purchases.
purchases a/c.............dr
to sundry creditor a/c..........cr

credit sale
sundry debitor a/c..........dr
to credit purchases a/c ...............cr

Answer / tapan kumar prusty

credit sale voucher

party a/c name-sundru debtor(DR)

credit purchase voucher-

party a/c name- sundru creditor(CR)

Answer / santhosh

Credit Purchase
Purchase A/c Dr
Party or Supplier A/C Cr

Credit sales
sales A/C Dr
Party A/C cr

Answer / khushi

1.credit sales
Accounts receivable a/c dr.
To sales a/call
2.credit purchase
Purchase a/c dr.
To vendor a/c

Answer / prasad

Debaters a/c dr
to sales
to vat out put a/c


purchaser a/c dr
vat input a/c dr
to creditors a/c

what type of invoices used in small companies-for the process of accounts receivable.

3 Answers   Wipro,

Short Answer on __________Accrued interest

0 Answers  

Calculate the current assets from the following information A>credit sales Rs.2,00,000 B>G.P.ratio 20% c>stock turnover 5 times. D>Current liabilities Rs.60,000 E>Quick ratio 0.75 Stock at the end Rs.5000 was more than the stock in the beginning.

1 Answers  

what is Bills Receivables and Bills Payables?

44 Answers   Accenture, Banking, College School Exams Tests, Excel, Finance, Ford, Genpact, HCL, HR Capital Services, IBM, ICICI, MNC, Wipro,

what is the meaning of RTGS? why & where is it used?

29 Answers   Accounting, Bosch, Genie Auto, ICICI, Ing Vysya Bank,

Expand ------AICTE

1 Answers  

i received cheque from the customer and deposited in bank please tell me the both entries in tally

2 Answers   Shivani Agriculture,

what is meant by bridge finance

2 Answers   Capital IQ,

What are the different type of bank accounts maintained in tally

1 Answers   Telco,

Expand-------- CTEI

1 Answers  

What is 100% EOu? what is the benifit and what is difficulty of it?

0 Answers   Fleming Laboratories,

is it possible to enter closing stocks in tally in a monthly basis not affecting the previous closing balance of the previous months?

1 Answers   Gamma,