How to pass advance entry in tally, and how it should adjust
against future invoice.?
- 9 Answers
- 82175 Views
- Alpha Technologies, I also Faced
- E-Mail Answers
Answer Posted / nabaraj giri
At the Giving Advance For Party
Party advance ac.... DR
To Bank cash
(Being advance Payment made )
At time of Adjusting Advance
If there is Expenses is less than Advance
Expenses Head a/c..... DR
Bank/Cash A/c...........Dr
TO Party Advance
If there is expenses is equal to advance
Expenses Head a/c..... DR
TO Party Advance a/c
If there is expenses is more than advance
Expenses Head a/c..... DR
To Bank/Cash A/c
TO Party Advance
| Is This Answer Correct ? | 11 Yes | 6 No |
Post New Answer View All Answers
Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00
what is your opinion regarding T.V shows on youth
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
Please provide me the entire format of P.F. & ESI
Tell me what is your track record for consistently achieving your targets?
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
Which accounting applications are your familiar with?
Why did you choose the a-levels you did?
What is account payee cheque? Expand ctc cheque?
a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?
How many invoices on average do you handle on a weekly/monthly basis?
Tell me about a situation where you showed determination?
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
why i want to join Hawkins company
Have you ever made mis reports and what are they?
