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
- 18125 Views
- I also Faced
- E-Mail Answers
Answer Posted / hemant
Advance payment to supplier A/c ---- Dr. 500
To bank A/C 500
Purachse A/C------------------------ Dr. 1500
To Supplier A/c 1500
Supplier A/C ----------------------- Dr. 1500
To Advance payment to supplier A/c 500
To Bank A/c 1000
| Is This Answer Correct ? | 13 Yes | 2 No |
Post New Answer View All Answers
Where should tds received should show in balance sheet?
Is an "account receivable" and "goodwill" real accounts in accounting?
get fixed assets items
1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax
how to do asset appreciation in sap?
Do you have any professional experience in this field?
What is general ledger account?
Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33
can i material bill book in miro without vat on transport charges ?
which subsidiary book is source of these:debit note,credit slip,
when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
Which accounting applications are your familiar with?
how to deduct tds on income from other sources with examples
Why an Expenditure is called Differed?
What is depreciation and how many types are there. Please give details?
