Answer / mudunoori

In case we pay advances in anticipation of future supplies
the creditors account will show debit balnce or in case any
excess payment made to supplier due to mistake in taking
the earlier payment into consideration,creditors account
will show debit balance

Answer / raghvendra mishra

In case any third party give services to the company, and
taka advance or acees amount than his bill, this is main
cause to show the debit balance in creditors accounts

Answer / sandeep

When the payment is received more than due amount

Answer / rajeshgupta

IN CASE THE COMPANY PAID BILL AMOUNT IN ADVANCE BUT NOT
ADJUST WITH THE INVOICE OR NOT ENTERED BILL IN THE CREDITOR
BOOK. THAT WAY, SHOW THE DEBIT BALANCE OF CREDITORS A/C

Expand----------ACBD

1 Answers  

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expand P R C

2 Answers  

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Expand GAAP?

5 Answers   Wipro,

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is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

0 Answers  

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what are accounting principles?

4 Answers  

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What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.

0 Answers   Genpact,

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What is the treatment you give for the prepaid insurance created in the year end in the month of April

3 Answers   Tax Time,

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We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.

0 Answers  

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what is meant by screenlayout in asset accunting

1 Answers  

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what is the work of cost accountant?

4 Answers  

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how i got knowledge about custom and excise i want rate list of custome and excise how we summit return of custom and excise , Is it include with ser. tax

0 Answers  

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how important of purchase and sales invoices?

2 Answers   CTS,

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