What are write off entries to be passed say if im having payable of Rs. 400
standing in the balance sheet and I want to write it off...
- 2 Answers
- 3605 Views
- I also Faced
- E-Mail Answers
Answer Posted / gulzar
payable a/c. dr. - 400
profit and loss a/c. cr.- 400
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
What is the Branch Accountant Responsbilities ?
Expand-----RTD
What is the difference between Risk, Threat & Hazard?
3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?
I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
Short Answer on __________Measurement
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.
How Are The Balance Sheet And Income Statement Connected?
why should we are preparing BRS
How do the standards assist the users of financial report?
Tell me the steps for Import and Export Thanks
what is buy bach shares?
can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....
