goods purchases of Rs.1200 was recorded in the sales book
and the Vendor's account was credited by Rs. 1200
Answer Posted / deepak singh
purchase a/c 1200
vender a/c cr. 1200 (it wrong do entry)
.......................................
now right is
vender a/c dr. 2400
to purchase a/c cr. 2400
(if entry was wrong then doing write entry (1200+1200)
.........
thanks..
| Is This Answer Correct ? | 1 Yes | 10 No |
Post New Answer View All Answers
Explain dual aspect term in accounting?
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
what is the process of cenvat credit taken in service tax( in direct & indirect service)
In which ways is math used in accounting
HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES
When a company s accounting year-ends on a day that is other than the end of the calendar year what is called in accounting?
Tell me in accounting, how do you define premises?
What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.
What are mis reports and do you prepare it?
Tell me what is tally accounting?
please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?
what is the new rate of c.s.t in uttraklhand
Why do you want to be an accountant?
Explain me do you think accounting standards are mandatory and why?
What is accounting for plant assets?