commision of rs-150 paid but charged to interest
account,journal entry
Answer Posted / guest
Interest A/c ........Dr. 150
To Commission A/c Cr. .....150/-
Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial
what are the different types of expenditures considered for the purpose of 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?
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
Do you know what are trade bills?
Is it possible contra entry in SAP FICO
Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.
Differentiate between provision and reserve?
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
What is Time capital
Tell me what is tally accounting?
What does an accurate trial balance suggest?
Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
Tell me which accounting application you prefer most and why?
What is the difference between deferred revenue and accrued revenue?