What will be the Journal entry for these transaction-
Sold goods costing Rs.20,000 for Rs.30,000 on cash
- 15 Answers
- 54997 Views
- ICA, I also Faced
- E-Mail Answers
Answer Posted / legend bhai vikas👶
Debtor a/c Dr
To Sales a/c
;)
| Is This Answer Correct ? | 1 Yes | 18 No |
Post New Answer View All Answers
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
Tell us do you have any professional experience of this field?
What is vat adjustment?
How to pass an general entry for materials which are stored in warehouses??????
What does the word credit mean in terms of accounting?
Do you know retail banking?
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
How to post salary advance transfer from one branch to another branch ?
iam working with tally ERP.9,but iam dont prepared reconciliation,trial balance,profit&loss,balance sheet etc.bcoz all these activicties done in head office.plz give me citeria where iam prepared.
Sir i want to ask that if the salary above 6500/- than also pf deduct.
In the case of stock transfer from one branch to another branch any reverse credit is applicable.
When we received payment from creditors
Differentiate between provision and reserve?
What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?
Explain what is balance sheet?
