Interested to Buy Any Domain ? << Click Here >> for more details...
goods purchases of Rs.1200 was recorded in the sales book
and the Vendor's account was credited by Rs. 1200
- 5 Answers
- 8011 Views
- I also Faced
- E-Mail Answers
Answer Posted / sekhar
Wrong entry:
Sales A/c Dr. 1200
Vendor A/c Cr. 1200
Rectification Entry:
Purchase A/c Dr. 1200
Sales A/c Cr. 1200
| Is This Answer Correct ? | 11 Yes | 2 No |
Post New Answer View All Answers
Why do users of accounting information need accounting information?
Did you use accounting applications at your previous companies or prefer working manually??
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
what is the minimum & maximum amount paid by company per day
What do you know about this position?
Tell me what is the abbreviation for the accounting terms debit and credit?
SHADOW BALANCE SHEET
Explain the concept of responsibility accounting
what is the diffrence between cash flow & cash fund?
what is gl a/c? & why is it maintain
What are the various systems of accounting? Explain them.
WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.
Pls tell me the basic rules of accounts for interview in finanace or accounts section
