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Answer Posted / krrish
bad debts a/c Dr
To sundry creditors a/c
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What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
Let me know the liability positions of Partners
What is cost accountancy? What are the objects of cost accountancy?
Who uses accounting?
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?
What qualification do you need to become an accounting professional?
pls let me know double entry of 'LEASING"
What are the uses of journal in accounting?
Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?
What was the most difficult deal you had to close?
What is invoice processing can u explain it?
If balancing account is not assigned to company & is assigned to department wat will be the effects
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
cash credit taken from bank then what is the general entry?
what is turn over? what is vat? what should ido to become a expert in acount? plese ans me
