Answer Posted / sankeerthana

Not only in tally, in Journal we have to pass all the non
cash entries related to adjustment accounts and purchase of
assets on credit. Pl visit for more practical accounting
materials
www.therealaccountants.com

What is good accounts Process & Execution capabilities?

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if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry

1486

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What are control ledgers?

1141

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How do you add/remove a payment block for particular invoice ?

2168

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When we paid TDS on commission how will journal entry come

1419

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Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-

1893

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what is inter-company transaction? what is Inter-Branch transaction?

8788

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If the company acquires equipment prior to incorporation what are the accounting entries?

1596

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Explain me the term material facts in accounting?

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sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?

1930

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What is fair value accounting definition?

1265

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for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?

3379

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I TRANSFERRED A STOCK OF RS. 100.00 FROM HEAD OFFICE DELHI TO MFG. UNIT OFFICE AT HARYANA AGST FORM F.AT BRANCH GOODS ARE PROCESSED AND ADDED VALUE OF RS. 80.00 AND TRNF BACK TO DELHI HEAD OFFICE FOR RS. 180.00 AGST FORM F FROM HARYANA . AND HEAD OFFICE SOLD THIS TO PARTY AT RS. 200.00 . I WANT TO KNOW HOW TO MAKE ACCOUNTING ENTRIES IN BOTH BOOKS HEAD OFFICE AND BRANCH OFFICE. TO SETTEL ACCOUNT AND TO CONSOLIDATE THE BOOKS AT THE END OF YEAR.

1942

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Do you possess any knowledge about accounting standards?

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In South Africa , the current rate for value added tax is ?

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