Interested to Buy Any Domain ? << Click Here >> for more details...
We have an boat manufacturing company .we customer order one boat the cost is 1130 .we have received advance 500 balance he will give after giving boat can you give me journal entry
cash A/c Dr 500
customer A/c Dr 630
To Sales 1130
is this entry is correct ?if not please give me exact entry
- 3 Answers
- 3461 Views
- I also Faced
- E-Mail Answers
Answer Posted / ajeetsinghrajpoot
there will be 2 entries 1st party A/c dr. 1130
to goods A/C ....1130
and 2nd on cash A/c dr. 630
to party name A/C 630
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?
How use Budget in SAP, i want to see the report of variant between budget and actuals.
Unrealised profit will be debited to ?
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
What was the most difficult deal you had to close?
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
what is the D.V.T. rate from 1/10/2009
Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me
lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples
What is computerized accounting?
What is general entries for Deffered Tax?
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
Why an Expenditure is called Differed?
pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.
