capital 2000000,sundry crediors 75000, building 150000
Answer Posted / nitesh kumar
ALL ASSETS ARE DEBIT OR LIABILITIES ARE CREDIT SO
LAND A/C......................DR 75,000
SUSPENSE A/C..................DR 20,00,000
TO CAPITAL A/C 20,00,000
TO S.CREDITORS A/C 75,000
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
what is Sums on Finalization of Accounts?
do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
what is crisil?what is the advantage of crisil rating?
Example for extra ordinary expenditure?
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
what is automatic payment in sap fico
Short Answer on ______Transaction
business sepsarate entity concepts
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
Expand-------ANTS
A----------involves transfer of money or moneys worth from one person to another
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
please send me some previous sbi clerical interview questions to my email id....
what is sales life cycle???