Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

  1. Categories >> Accounting >> Accounting AllOther
  2. Suggest New Category

An advance of Rs 10000/- is received from customer.
pass necessary journal entries

Question Posted / t.c. arumugam

Answer Posted / t.c. arumugam

CASH / BANK A/C. DR 10000.00
CUSTOMER A/C. CR. 10000.00
(BEING ADVANCE RECEIVED FROM THE CUSTOMER M/S. A)

or
CASH / BANK A/C. DR. 10000.00
ADVANCE A/C CR. 10000.00
(BEING ADV RECD FROM THE CUSTOMER M/S.A )

ADVANCE A/C. DR. 10000.00
CUSTOMER A/C. CR. 10000.00
(BEIND ADV RECD FROM CUSTOMER M/S. A)

Is This Answer Correct ?    16 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.

2477

Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance

1958

What is account

2164

what is the difference between accounts manager and finance manager?

2213

EXPAND_________SEAMEC

1976

payroll calculation procedure explain completely?

2480

What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?

2069

AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE

2145

When is a dedit note raised When is an expense booked

2057

what is an advance against expenses

3356

For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production

2890

What is combination?

2086

what is cost accountinp

2216

What is the important of cash in a business unit

1948

fill in the Blanks Share Holders in Company have _____________Liability

1958