Interested to Buy Any Domain ? << Click Here >> for more details...
stock taken as drawing what should be the accounting entry
- 7 Answers
- 12866 Views
- I also Faced
- E-Mail Answers
Answer Posted / pradeep gunuguntla
Drawings A/c ... Dr
To Purchases A/c
| Is This Answer Correct ? | 5 Yes | 4 No |
Post New Answer View All Answers
Hello Friends, I am Vinod Rawat & want some tips of interview question for the post of accountant in a reputed company Pls. Given Examples.
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
What do you mean by Bill of Exchnage.How to manage ? Explain
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
how many view the tally backup erp9 after the tally backup in tally
My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?
Define fair value accounting?
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
how to calculate basic to gross salary
Tell me what is the master account?
1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-
what stock transfer applicable in sister concern unit.
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
Is push down accounting accepted under generally accepted accounting standards?
