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Answer Posted / dj
1) Cash book to record cash receipts & payments,
a. Single column or Simple cash book,
b. Two or Double column cash book,
c. Three or Triple column cash book,
d. Analytical petty column cash book.
2) Sales book or Day book for recording all goods sold on
credit.
3) Sales return book or Return Inwards book for recording
all sales returned by customer.
4) Purchase book or Bought book or Invoice book for
recording credit purchases of goods.
5) Purchase return book or Return Outwards book for
recording all purchases returned to creditors.
6) Bill receivable book to keep a record of bills received
from customers.
7) Bills payable book to keep a record of bills payable to
creditors.
8) Journal proper to keep a record of those transactions for
which there is no separate book.
| Is This Answer Correct ? | 23 Yes | 1 No |
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WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
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What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.
What is communicating
EXPAND______________ICT
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hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.
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How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
how to check which item is sold by the sundry debtors in tally?
