Interested to Buy Any Domain ? << Click Here >> for more details...
What is the Journal entry if a Demand Draft is taken by
Company B on behalf of Company A? Company B has it's A/c
with Bank X. Company A has it's A/c with Bank Y.
- 4 Answers
- 25826 Views
- I also Faced
- E-Mail Answers
Answer Posted / samson
If the Demand Draft is taken by company B, We have to pass
journal entry debiting Company A and crediting CompanY B's
Bank A/c.
Correct me if I am wrong, Pls.
| Is This Answer Correct ? | 12 Yes | 5 No |
Post New Answer View All Answers
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?
Expand-------ANTS
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
where we have file E-returns in SAP FICO-CIN/Wtax?
Short Answer on ___________Finance Bill
how an accountant can do budgetery controls of expenses?
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?
CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION
Define `Realisation` Account? Explain the salient features?
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?
Expand-------URM
what is a depository?
