ram is withdrawn goods for personal use(sales price
RS.600,Cost Price Rs.500) how to pass entry
Answer Posted / mannatsaini
drowing a/c dr 500
to goods a/c cr 500
Is This Answer Correct ? | 43 Yes | 22 No |
Post New Answer View All Answers
List out things that fall under intangible asset?
We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?
Define bills receivable?
What is the difference between a provisions and reserves?
how to calculate the per unit cost of production
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.
List out some of the accrued expenses and the accounts in which you would record them?
Do you know what is icai?
what are the different types of expenditures considered for the purpose of accounting?
What is vendor?
Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
Tell me how many types of business transactions are there in accounting?
PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf