Goods Received Ware House
1. Dr Inventory a/c
Cr GRNI a/c
2. Inv. Register in our system
Dr RI a/c
Cr Trade a/c
3. Receipts Matched/Approved
Dr GRNI a/c
Cr RI a/c
4. Inv. Paid
Dr Trade a/c
Cr Bank a/c
For what purpose we are exactly using reversal journal entry?
From which account the prepaid expences comes in personal, real or nominal?
Do you know what is TDS? How to charged it?
Do you know what is interest on capital?
Do you know purchase of car would be a debit or a credit to a bank?
What is Gpm?
What is accounts payable process and its impact to business?
What is PO invoice?
What is Non-PO invoice?
Tell me what mandatory fields to be entered while processing invoices?
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