Cash A/c- Real A/c- Debit what comes in & credit what goes out.
Cash withdrawn mean cash comes in so it will be debited
Bank A/C- personal A/C – Debit is receiver & Credit is giver
Bank is giver amount so it will be credited
Contra Entry
Dr.Cash A/C
Cr. Bank A/C
Tell me how would you enter this into a journal entry? Purchased equipment from ABC company, $9,000. Paid $1,500 down and the balance was placed on account. Payments will be $375.00 per month for twenty months. The first payment is due 4/1.?
Explain me how do I know whether I should Purchasing with a question or call Accounts Payable?
Explain do you know what is interest on capital?
Explain me about that software applications which have you used for accounts receivable?
Explain would you like to tell me about a recent invoice discrepancy you discovered and how you resolved it?
Tell me what procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
Explain me how many invoices on average do you handle on a daily/weekly/monthly basis? What are the steps you take before you approve an invoice for payment?
Suppose we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now. How it possible? What about VAT like Tax Setups in AP and AR? What about the SWEEP command in AP?
Tell me what steps would you take before making a payment?
Explain what id recurring invoices? What are AP setup steps?
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