Answer Posted / sk pasha
if we receive some cash from parties thereon this cash
deposit same day or self cheques issue for cash withdrawal
or bank to bank transfers like RTGs cheques which is all
posted under " contra Entry ".
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
what are responsibilities of an accountant in a company?
what is the difference between Tally ERP and SAP FI ECC?
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
what is the difference between speculation & investment?
What is finance lease
what is organic profit? and how it is calculated?
What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)
If someone knows about the test pattern of Junior executive accounts than please share.
How do you avoid loss situation
Short Answer on ______Amortization
what is investment banking
Why we reconcile our debtors? what steps we taken during reconciliation.
Short answer on Amalgamation
Should I have perfect credit score, that is, above 800 credit score?