Answer Posted / sravan

Accumulated depreciation should be charged to Assest a/c.

Acc.Dep A/c Dr
To Assest a/c

Define scrap value in accounting?

1082

---

"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

1784

---

Why does the accounting equation have to balance?

982

---

PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)

1981

---

What are the various systems of accounting? Explain them.

941

---

Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?

1447

---

what are the different types of expenditures considered for the purpose of accounting?

1018

---

Which forms in use in service Tax, Excise duty and Vat for the return.

2032

---

Tell me which accounting application you prefer most and why?

917

---

Scope and nature of Accounting

2039

---

Pass the journal entry: rent outstanding

1760

---

We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?

1756

---

What is the Technology used to carry out trades? Pls Tell me as early as possible.

3481

---

why you want to lecturer

2145

---

Tell us how can you define departmental accounting?

967

---