How to enter an invoice already paid?
Answer Posted / satyaki_raju@yahoo.com
If already paid You pass a journal entry as follows
at the time of payament the entry was
Supplier account Dr
To Cash or bank a/c
(The supplier account has to be grouped under Loans and
Advances)
while passing invoice
Purchase of materials Dr
To supplier a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What are the types of journal categories available in the Oracle AP?
KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)
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?
give the examples of Error of Duplication?and Error of compensatin? with entries
if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever
what is a reducing balance method and depreciation fund investment method and 2 diffrences?
what is cost accountinp
What is Spin-off & spilts
ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form
who introduces the single entry format?
Hi Iam 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 Officer's post. Please help me I f u can. thanx in advance
how to entry of hra
Short Answer on _____________Accident Insurance
Tell me about how you have left a position better than you found it
Anyone whose sbi interview has been over , please share all the question asked by them