Answer Posted / harsukh vaja

Purchase A/C or Stock A/C Dr 21,500/-
To Creditors A/C or Bank A/C 11,000/-
To Freight A/C 6,000/-
To Duty A/C 4,500/-

Being Goods Purchased worth 11k + 6k Freight and Duty paid
is 4,500/-

WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?

5627

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Explain what is the disadvantage of double entry system?

1134

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Is the shadow balance present in bank account always credited or bank may reverse it as well?

1159

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Explain compound journal entry.

1077

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Cello pen gross value is 935.89 for 12 nos 14.5% tax

1992

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Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

5558

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what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?

3284

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Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.

2401

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we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?

2100

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Horizontal balance sheet versus Vertical balance sheet

2296

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Tell me what do we mean by purchase return in accounting?

1243

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If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B

4977

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export sales contract and domestic sales contract? india's trade in commercial services?

4682

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Tell us what is the abbreviation for the accounting terms debit and credit?

1163

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What is the difference between a provisions and reserves?

1100

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