Answer / rokdeepak

X A/c (a person to whom amount paid) ______ Dr.
to Bank Account

Answer / mash

Journal Entry:

Supplier A/c Dr 15000...

To cash/bank A/c 15000...

( Being Amount paid on account)

regards,
mahesh
vmb143@gmail.com

Answer / mudunoori

javeed saab Paid on account means it is the payment made to
supplier. So there will be no question of expenses. Be
serious while posting a question or answering

Answer / javeed

expenses a/c dr........15000
to bank/cash.........15000

EXPAND______________IFC

1 Answers  

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what all are the items that comes under the personal account?

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Expand GDI?

2 Answers  

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one question dr mean debit cr mean credit but cr full form credit but dr full form debit that mean debit not word dr what the answer

9 Answers   ABC, CMS,

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Discuss the role of cost accounting in managerial decision making?

2 Answers  

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You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger

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EXPAND_________WS&SB

1 Answers  

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The Trial Balance of M/S Ram & Co,Shows chosing stock of Rs,30000. It will be recorded in: - .................. (a) Trading A/c; (b) Profit & Loss A/c; (c) Balance Sheet; (d) Both (a) & (b)

4 Answers  

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Profit is a asset or liability to the company....? If is it a asset or liability....how it is....?

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Pls. advice me the REVALUATION ENTRY FOR AN ASSET

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what is vat sett off? service tax?

2 Answers  

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