Interested to Buy Any Domain ? << Click Here >> for more details...
Rent paid rs 2000 in Jan and feb 2009. What will the entry
in Feb 1st 2009.
- 27 Answers
- 30108 Views
- Genpact, IBM, I also Faced
- E-Mail Answers
Answer Posted / sharada
rent payable a/c dr 2000
to cash a/c 2000
(being the jan salary paid in feb 1st 2009)
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what are the suggestions to control NPA in rural areas?
what is difference between venture capital financing and equity financing?
what is the meaning of call in arear
how will you create the posting periods 3 and 5 or 5and 7?
which name written in Tan application form Applicant is sole proprieter companies name or individual name?
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
EXPAND___________INMA
How & When We Calculate Deffered Tax... Please Give me Some Example.?
Example for extra ordinary expenditure?
what is Journal Entries?
How can you actualize cah flows of 5 years at 8%
what is GL Balance
