Answer Posted / sunil
Hi Madhubala,
I am not agree with you. You should add Credit on your
answer
The person who purchase the products on credit base is
called debtors and the person who sell the products on
credit is called creditor.
Is This Answer Correct ? | 44 Yes | 7 No |
Post New Answer View All Answers
what is joint venture?
how to calculate stt
tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?
What is the process of VAT & CST Registration?
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
Expand---------EDP
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
how to do the recurring entries or steps to follow that
Difference between cash and merchantile system?
How good are you at Finance?
EXPAND_________SEAMEC
what is the meaning of Processing Vendor/Employee payments
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
WHAT IS CORPORATE ACTION?
What is the defination of job costing, batch costing and contract costing?