dear sir
what is the difference B/n cash discount and Rebate.
Are they same?

Dear sir
Freight out word is a indirect exp. and recorded debit side of P/L a/c , but some times it is recorded credit side of P/L a/c why. Plz. explain this concept.


Thanks

can generator rent,office rent come under rent A/c in software??or I will have to make different accounts??

if we made a cash sale and later party paid it by cheque then how we can make a entry for that as if we credit party then it will show credit balance of party....

hi sir one of the director has taken the funds from business more than his capital and quit the company Ex: His share capital 500000 but he has taken from the company is 2000000 so please tell me how to adjust the entry URGENTLY.....

Please let me know Tools & Spare parts are fixed assets or Indirect expenses? Please help me.

Kindly tell me which of the following method of passing journal entry is correct and also tell the reason. 1st method) at the time of due Dr Commission on sales A/c 1000 Cr. A's Commission A/c. 950 Cr. Tds A/c. 50 at the time of payment Dr. A's commission a/c. 950 Dr. Tds a/c. 50 Cr. Bank A/c. 1000 2nd Method at the time of due Dr commission a/c. 1000 cr. A's commission a/c. 1000 at payment time Dr A's commission a/c. 1000 cr cash. A/c. 950 cr. Tds A/c. 50

Dear sir, good morning!!. sir what is form c and how can one obtain it. pls advise . thank you.

annual requirement = 17,200 kgs. Ordering quantities = 1,000 kgs. While calculating total cost what should I take as number of orders in a year? 17,200/1000 = 17.2 or 18? Some problems in study material take the numbers as what computed exactly whereas some take after rounding it off. (e.g 17.2 as 18, 9.2 and 10 etc.) I know that an order cannot be placed in fraction but some solutions in study material take it in fraction while some rounded it off to the next integer. An uniformity in solutions should be maintained. What should I follow? Please help. I am confused.

Dear Sir,

What are the differences between cash-basis and accrual-basis accounting with example?