Answer Posted / priyul

Account Receivables means sundry debtors.
Account Payable means sundry creditors.

Account Receivables : We have sold some goods & payment is
outstanding.

Accounts Payable : We have purchased goods & we have not
made payment yet.

what is the enty for contract bill raised?

1813

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What is account payee cheque? Expand ctc cheque?

716

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Explain accounting 101?

669

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Describe a time when you have not met your goal?

623

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Why are accounting standards necessary?

651

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What steps would you take before approving an invoice for payment?

619

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what is contribution? how does it help in taking managerial decisions?

1549

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How can do it TDS in accounts?

1594

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how to finalised the Balance sheet & profit & loss A/C

1829

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List out some of the examples for liability accounts?

586

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Explain me fair value accounting?

593

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Explain what knowledge should financial accountant have?

629

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HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER

1631

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Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.

2850

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Horizontal balance sheet versus Vertical balance sheet

1733

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