Written on Nov, 13, 2011 by in | Leave a comment

For all the cash withdrawal from bank and cash deposits win bank, the Contra voucher is prepared. It means that the contra voucher is prepared in respect of the following types of transactions:- When cash is withdrawn from the bank. When cash is deposited in to bank. When the amount is transferred from one bank to other bank of the …

Written on Nov, 13, 2011 by in | Leave a comment

When the account of any party is to be debited and no cash memo or invoice can be raised for such transactions, then debit note is issued. Therefore, the Debit note is a document which shows the reason of debit entry. Debit notes are issued due to following reasons:- When the material is returned by the purchaser to the supplier …

Written on Nov, 13, 2011 by in | Leave a comment

Accounting is an art of recording, classifying and summarizing of financial transactions in terms of money and interpretation of financial data to get the results thereof. We can understand the meaning of accounting in better way as under:- a) With the help of accounting system we can record the business transactions in proper manner. Method of recording the transactions depends …


Related pages


deferred revenue expenditure meaningcapex fixed assetssundary meaningcomputation of total income formatsundries expenses examplescredit voucher definitionwhat is meant by journal voucheraccounting entries for buyback of sharesmeaning of sundry debtorsincome tax limit for senior citizen 2013 14welfare meaning in hindivoucher accounting definitionwhat goes on the debit side of a trial balancemiscellaneous expenses meaningcommuting pensiondeduction us 80dwhat is contra vouchersample p&l and balance sheetsundries accountingsundry expenditureaccounting ledger examplescash book entry examplecash ledger examplestaff welfare expenses in tallywhat is a sundry expensecashbook examplehorizontal balance sheet format pdfgratuity amount is taxable or notsample payment voucher templaterevenue receipts definitionsample of itrtally 7.2 tutorialtds for interestcheque received receipt formatprocedure for preparing bank reconciliation statementindirect expenses in accountingledger entries in accountinghow to check my tds deductionjournal voucher in accountingdebit and credit entries in trial balance80c deduction for fy 2013 14ledger accounts examplesincome tax rebate on ppfaccounting errors that affect the trial balancedifference between auditing and investigationhow to deposit tds in banksupplier ledgerdirect expenses examplesmiscellaneous expenditure examplespayment voucher definitionsalary income tax calculator indiabank reconcilation statement formatexemption from tds deductionsalary to partners in partnership firmcommuting a pensionexamples of ledger entries for accountingwhat does e & oe mean on an invoiceaccounting treatment for contingent liabilitiesnsc accrued interest0021 income taxis cash book a journal or a ledgeraccounting treatment of contingent liabilitiesincome tax calculator fy 2012-13tax calculator 2014-15 indiaaccounting entry for accrued interesttrade debtors balance sheetfinal accounts proformapartnership firm accounting entriessample of debit and credit entryrent tds limitdefine sundry debtorscommuted valuehow to enter contra entry in tallydifference between sundry creditors and sundry debtorscontingent liabilities exampleincome tax calculator 2014-15 indiacapital recieptsbi bank statement format