Interested to Buy Any Domain ? << Click Here >> for more details...
journal entries..
1. sold goods for cash $2500
2. sold goods for $5000 on credit
3. received from customer
4. paid creditors $5000
- 3 Answers
- 25030 Views
- I also Faced
- E-Mail Answers
Answer Posted / guest
sals A/c Dr $2500
To cash A/c $2500
sales A/c Dr $5000
TO Debtors A/c $5000
Cash A/c Dr $2500
To Customers A/c $2500
Cash A/c Dr. $5000
to Creditors A/c $5000
| Is This Answer Correct ? | 7 Yes | 24 No |
Post New Answer View All Answers
Please let me know Under head of Sales Advance?
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally
Productive Investment is Working Capital. Is it correct?
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
What is the importance of accounting standards?
WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?
What is an Automatic Payment Program ?
Let me know the liability positions of Partners
Are you comfortable with cold-calling?
What is the entry to be passed on receiving the tds certificate in the books of the deductee?
A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.
Please explain the difference between provision and reserve?
I am a service man.I want to submit my income tax return by efilling.Anybody can help me to do the same with the information to submit the file?
Do you know compound journal entry?
