a bill for Rs.250 accepted by pritam, a costomer was passed
through bills payble book (what will be the correct entry)
Answer Posted / bishal
Pritam A/C Dr.
To Bills Paybale A/C
| Is This Answer Correct ? | 0 Yes | 8 No |
Post New Answer View All Answers
Total numbers of companies listed on stock Exchange?
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
what is mean by ledger
Reserve Capital and Reserve Capital
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
What is Compliance?
WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?
What is the use of final account?
What are the duties of sales tax department? Explain it
When is a dedit note raised When is an expense booked
Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it
what is capital market and money market? what is primary market and secondary market?
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
Is commodities transaction tax a permissible business expenditure? Explain
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times