Purchase a goods from venkat for cash,it should be credited to
Whom
Answer Posted / hanmandla.anilreddy
Purchase a/c dr
To cash a/ c
( being purchased goods for cash from venkat)
Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
what is the Journal entry for credit card bill paid from same bank account
What is reversing journal entries?
Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx
Give ONE reason for Balance Sheet to be out of balance
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
How many accounting standards are currently published?
What is accounts receivable?
Why is accuracy important in accounting?
what is the head for stock trnasfer
Mention in simple terms what is the difference between asset, equity, and liabilities?
how to account branches in tally
Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?
If balancing account is not assigned to company & is assigned to department wat will be the effects
What is accounting normalization?
goods worth rupees 440 distributes free among the poor?