Interested to Buy Any Domain ? << Click Here >> for more details...
how to give the jv for the following transation eg',Our
Comapny Name U2
1.cheque recd from customers of Associate Comapany (U1
Ltd):575 on U2(Our company Name).we deposited that cheque
in our bank a/c.
2.U1 debited U2 for 575/- passing 1 jv like
Due from U2(Our comapnY) dr 575
To collection from Customers cr 575.
now how can I recognise both entries and how can i
reconsile my BRS...
This Receipt is not belongs to U2
- 2 Answers
- 4404 Views
- I also Faced
- E-Mail Answers
Answer Posted / ravinder shankhyan
In the Books of U1 Ltd. entry is only one :[in Journal )
U2 Ltd. dr. 575.00
To Customers A/c 575.00
( Ch. no ***** Rec. on behalf of us by U2 Ltd.)
In the Boosk of U2 Ltd. Entry is ( in Bank A/c)
bank A/c Dr. 575.00
To U1 Ltd. 575.00
Narration is (amount Rec,on behalf of U1 Ltd.Company
Customer)
Ravinder Shankhyan HP
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
what is meant by virus
Is commodities transaction tax a permissible business expenditure? Explain
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
What are events occuring after the balancesheet date?
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .
hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com
Expand ________FIPB
What is Insider Trading ?
what is debit/credit note ? what deffered income and expencess?
Short Answer on _______Appropriation
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
plz send me the accounting questions and answers of bank of america.
what is leverage n detail and tpoes of leverage with iagram?
what is the uniform public construction cost accounting act?
