Interested to Buy Any Domain ? << Click Here >> for more details...
Whatis the Journal entry for advance payments and advance
receipts from Debtors and creditors
- 14 Answers
- 144609 Views
- I also Faced
- E-Mail Answers
Answer Posted / spg
WHEN WE PAY ADVANCE
ADVANCE PAYMENT (ASSSET) A/C DR
CASH/BANK A/C CR
WHEN WE RECEIVED ADVANCE
CASH / BANK A/C DR
ADVANCE RECEIVED (LIABILITY) A/C CR
WHEN THE BALANCE AMOUNT RECEIVED OR PAYMENT TIME, WE WANT
TO ADJUST WITH SUNDRY DEBTOR A/C OR SUNDRY CREDITOR A/C
| Is This Answer Correct ? | 18 Yes | 8 No |
Post New Answer View All Answers
WhatIs the limit of duty exemption in smal scale industries.
How can I find out my credit rating score for free?
what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form
Expand-------ANTS
what is automatic payment in sap fico
total capital stock
what is dividend? how do the use an accountancy?
What is Direct Debit
define fixed assets
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....
fill in the Blanks Share Holders in Company have _____________Liability
What is Inventory Control?
How does the ration analysis help in depicting profit and loss
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
