Interested to Buy Any Domain ? << Click Here >> for more details...
wahat is the journal entry for cheque paid for collection
but not collected?
- 15 Answers
- 55279 Views
- Infosys, I also Faced
- E-Mail Answers
Answer Posted / sr
Cheque collected:
Customer (A/R) Dr.
Bank clearing a/c Cr.
When Cheque is cleared:
Bank clearing a/c Dr.
Bank account Cr.
| Is This Answer Correct ? | 0 Yes | 4 No |
Post New Answer View All Answers
Do you know what is a cpa?
HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES
Explain me what is important to effective market analysis?
what stock transfer applicable in sister concern unit.
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
There is no item category assigned to account
how to assign the cost center to GL Account in SAP (FICO)
If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .
What is Prepaid Entry
what is share application money pending allotment?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
What is an operative accounts?
The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2
What are depreciation and amortization?
export sales contract and domestic sales contract? india's trade in commercial services?
