Samanth Boyapati

• Feb 27th, 2019

Invoice is commercial document issued by vendor to the account payable team of the buyer demanding payment for the goods services delivered Invoice Details : invoice date, Invoice number,, PO numbe...

Amrit

• Oct 4th, 2018

A invoice is a commercial document which is raised by seller to buyer. Basically this word invoice is used for request for payment from seller to buyer, not immediate payment.

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What are the journal entries that will be passing from the Goods received till the payment made to an supplier?

Anitha reddy

• Jan 31st, 2018

Inventory account DR
To, Grin account.

Grin account DR
To, vendor account.

Vendor account DR
To, bank/cash account

Shaz

• Nov 3rd, 2017

Invoice receipt.
Inventory AC Dr
To GR/IR ac.

Goods receipt.
GR/IR Ac Dr
To Supplier/ Vendor Ac.

Paying Invoice.
Supplier/Vendor Ac
To Bank Ac.

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the prepaid expences comes in which account PERSONAL,REAL, OR NOMINAL

NIMMI

• Apr 9th, 2019

Real Account as it comes in Balance sheet under the Current Assets. The concerned prepaid expense will be deducted from the related expense in the profit & loss account in order to identify the actual expenses related to that year .

Raghubabu

• Jan 23rd, 2019

Personal a/c

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Santosh Kumar Prusty

• Jun 21st, 2017

TDS = Tax Deduct at sources, It was charged by service avail-er. against service provider.

Madhuri

• Apr 4th, 2017

The person responsible for making payment of certain income to the income earn deduct income tax at the prescribed rate on such incomes before payment is made to them

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