Pass necessary journal entries for the following.
1.Goods supplied by surjit for rs 15000 were entred in
sales book.
Answer Posted / madhukar nimbalkar
purchase a/c. dr
To supplier a/c. cr
| Is This Answer Correct ? | 14 Yes | 3 No |
Post New Answer View All Answers
what is profit maximisation
How is scrap value calculated?
How do we calculate the cost of investment?
How create the invoices?
What are the four classifications of bad and doubtful debts as per the context of the bank?
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
What are depreciation and amortization?
How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
What is Time capital
Unrealised profit will be debited to ?
Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.
Define scrap value in accounting?
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?