Interested to Buy Any Domain ? << Click Here >> for more details...
Pass journal entries
Purchased goods from mr x on credit 1000
- 22 Answers
- 75707 Views
- I also Faced
- E-Mail Answers
Answer Posted / gowthamthiru
Purchase A/c "Dr" Rs.1000
To Mr. x A/c Rs. 1000
| Is This Answer Correct ? | 9 Yes | 1 No |
Post New Answer View All Answers
GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?
As you know excellent communication skills are at the core of this position. Do you have experience with interpersonal communication in a professional setting?
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
what will be the possible question for an interview in account post as a fresher
i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?
What is a ledger? What do you mean by ledger posting?
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
what are the direct expense of loan department in banks.
what is revenue recognition rule, and can you specify the answer.
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
What is the difference between lc and bg(letter of credit
Difference between depreciation according to cost principle and matching principle
What do you think is a bank reconciliation statement?
Define social responsibility accounting
