what is exact entry for cash receipts and cash payments?
did sales n purchases invoices are issued to this receipts
n payments?
Answer Posted / ravi
purchase a/c ...........dr
to cash a/c.........cr
(it is cash payment)
cash a/c............dr
to sales a/c.....cr
(it is cash receipt)
ravi
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is revaluation of assets.when it occurs
how to make a project accounting in tally erp9 ?
How to answer for the question, tell me about ur project? I mean in which format can i say?
what is the nature of bill receivable and consignmenta/c
what are the certificates needed at the time of SBI clerical interview?
how will i develop my fears in interviewd?
what is dieerence between capital cpapital structure
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
In case of new admission of partner what will be the adjustment for the sharing ratios
what is transposition-cum-demat?
What is accounts payable?
what is circuit filter?
we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
company's total overhead expense is containing which are the expenses? Definition of overhead expense.
What is a Balance Sheet & Profit & Loss Account?