Interested to Buy Any Domain ? << Click Here >> for more details...
your purchases 10 Furniture from Other company, your
starting own furniture business. each furniture value is
Rs.1000/-, your business purpose use 2 furniture. and other
furniture are
sales purpose !
pls tel me Purchases Entry !
- 7 Answers
- 9564 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / gurram ranjith
furniure a/c 10000 dr
To sales a/c 8000
To purchase a/c 2000
note: purchase a/c is all time debit but useing stock on
persnal that comes to the cridit
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
What's the meaning of Preferential Creditor?
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
What are the general Ledgers?
If its is declared by auditor that business is not going concern that what journal entry will be pass?
What is Risk Assessment?
Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950
Why you want to leave your present job while they offer you with good offer?
what s BSPL and its significance?
what is a reducing balance method and depreciation fund investment method and 2 diffrences?
why the RRB'S not lend loans directly to farmers?
EXPAND___________NBW
what is data entry? what is report generation ?in accounting how it is used .
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
Expand---------PSRT
payroll calculation procedure explain completely?
