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...

What is general entry credit purchase?

Answer Posted / g.nagarjuna

Purchase a/c Dr
To seller business name
(Towards purchase of goods for credit payment)

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason

1496


Under the accrual basis of accounting, when revenues are reported in the accounting period?

924


What is use of statistics in accounting?

1021


Tell me what is your track record for consistently achieving your targets?

1240


Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?

1847


payment voucher for advance salary

1351


Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??

1567


Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?

3959


Explain what a deferred asset is and give an example?

1046


Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

1055


Explain what is account receivable?

1023


What knowledge should financial accountant have?

1070


how to solve cashbook question

3231


What is the provision? What is the entry for provision?

961


why only 6 months interest is charged on drawings

2137