Interested to Buy Any Domain ? << Click Here >> for more details...
I have paid an advance for a supplier against delivery, Say Rs.500,on 20.2.2010. Later on 3.3.2010, I settle the balance of Rs.1500. How can i account this in tally?
- 7 Answers
- 18208 Views
- I also Faced
- E-Mail Answers
Answer Posted / arjun
on 20.2.10 supplier a/c dr 500
to cash a/c 500
on 3.3.10 supplier a/c dr 1500
to cash 1500
purchase a/c dr 2000
to supllier 2000
| Is This Answer Correct ? | 12 Yes | 5 No |
Post New Answer View All Answers
Which accounting application you prefer most and why?
What is the limitaion of the Trial Balance?!
Why current assets Liability said & current Liability Assets said...?at tally ERP9
Explain what is account receivable?
what is the last date of deposit TDS on liability for the assessment year 2010-11
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800
Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?
MEANING OF RED HERRITING
How do we calculate the cost of investment?
How to prepare finalization accounts?
Tell me do you think accounting standards are mandatory and why?
Tell me what steps would you take to increase revenue for this company?
how to solve cashbook question
How time sheets are maintained?
