Received from Krishna Murthy Rs 26500/- in full settlement
of due Rs 30000/-. Pass entry
- 9 Answers
- 59463 Views
- I also Faced
- E-Mail Answers
Answer Posted / mohit
Receipt:
cash/bank a/c dr. 26500
bad debts a/c dr. 3500
to krishnmurty a/c 30000
| Is This Answer Correct ? | 4 Yes | 22 No |
Post New Answer View All Answers
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?
What is the due date for filing monthly & annual sales tax returns in karanataka
how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?
Expand RMP
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
Why we reconcile our debtors? what steps we taken during reconciliation.
Breif notes about accounting standards
Can v transfer trail balance to journal entry how and with example?
what tax will be on puchasing of sweets and is necessery to use form 38.
Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
How & When We Calculate Deffered Tax... Please Give me Some Example.?
What is compensation theorem?
how to entry in tally for other person check received
