Question
Kishan paid only Rs 5000 Cash and Rs 27000 by cheque in full settlement
Kishan& Co Dr 35000
To Sales 35000
Bank Dr 5000
Cash Dr 27000
To Kishan 32000
Here cash received 5000 and Bank 27000
Hence Depreciation is not charged to Fixed Assets,It is booked in Accumlated Depreciation A/c
Please clear this line
Accounts Tax GST
Sept. 22, 2016, 6 p.m.
Answer
sir ,
Advance income Tax and Pre paid Insurance under which heads it's comes
Can anybody suggest me the best way to estimate closing stock in a retail store?
Accounts Tax GST
Sept. 20, 2016, 1:14 a.m.
Answer
is it necessary for the service provider that separate registration made for separate services which is provided by him ?
Accounts Tax GST
Sept. 20, 2016, 1:11 a.m.
Answer
I want to ask that if a premises adopt central accounting system only just for a single financial year and after that premises abopt decentralized accounting system then how can it register itself ?
If we will purchase land & paid stamp duty what will do journal entry..?
sapose we purchased a land....100000 & paid stamp duty 10000...
Accounts Tax GST
Sept. 18, 2016, 7:58 p.m.
Answer
sir,
how i enter stock in another location? after creation of location.