Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Vendor A/c Dr
To Purchases A/c Cr
In an entry what "TO"(Near Purchase) means or stands for or
used for or from which accounting angle we have to use.

Answer Posted / adapa.hemaseshasaithi

Can anybody tell the nature of the purchases a/c and what is the reason for it?

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??

5321


"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.

2563


What is peach tree accounting?

1057


Explain an example of a tough decision you had to make quickly?

955


difition of reserve & surplus

2215


Tell me the meaning of long-term notes payable is or long term liabilities?

1060


How is the accounting for hire purchase transactions done?

1027


Tell me in accounting, how do you define premises?

1073


ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10

2414


how to calculate the per unit cost of production

1668


Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

2017


SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT

2110


if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3850


How much statistics knowledge is necessary or required in accounting?

1349


WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?

2326