Interested to Buy Any Domain ? << Click Here >> for more details...
Bank a/c....Dr.
To Debtor's A/c
Is this journal entry a contra entry?
- 5 Answers
- 5773 Views
- I also Faced
- E-Mail Answers
Answer Posted / murali
it is not a contra entry it is receipt of cash for previous credit sales now receiving
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
why do we charge the depreciation
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
You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
Purchase book is a ----------journal
What three Specific Job Positions do you target from the Industry
What is specific reserve
What is Insider Trading ?
Name the Accounting Concepts
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
Expand--------SOT
EXPAND___________NBW
