Answer Posted / kailashshakya
when a person cash transaction in bank account (cash
withdraw or deposit) then the contra entry passed
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
have you ever been involved in an invoice dispute? How did you manage the problem?
what are the limitations of accounting ratios?
What are the elements of the accounting equation?
What is the entry for provision?
What is bond ? What is capital market?
what is tax deducted at source
how can we get a leaverage in intraday market if are not a professional acount holder?
describe any accounting process that you have developed or revised
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm
i want to know f form and how to use and how can purchase
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
What is the difference between perpetual & periodic inventory system?
What is the general entry for charge on bank overdraft
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?
A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.