Answer Posted / nurulla

for debit memo
supplier A/c Dr
To purchase returns A/c
thier is a number of causese for arrisisng debit memo
1) purchase returns
2) rate diffrence aggried price to invoice price
3) goods short recevied
for credit memo
sales returns A/c Dr
To customer A/c

How i should sellone the mobile phone when interviewer will ask sell this phone to me?

1467

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What is aggregate Liabilities ?

2268

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Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?

3297

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A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

1728

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i want to know f form and how to use and how can purchase

1828

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Explain what knowledge should financial accountant have?

1062

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what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?

1988

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In South Africa , the current rate for value added tax is ?

1660

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Explain what are the accounting events that are frequently involved in compound entries?

1121

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Explain what is double-entry accounting? Explain with an example?

1026

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what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..

4705

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what is the enty for contract bill raised?

2350

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Tell us what is a cpa?

978

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Key difference between indian accounting standards and international accounting standards is.

1039

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What is an adjusting journal entry?

960

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