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When the goods are sold on credit, the company does not receive the cash but a promise to be paid by the person buying the goods. These are the debtors or accounts receivables for the company. The journal entry for this particular transaction is: Dr. Debtors/Accounts Receivables Cr. Sales/Revenue As such the impact is that the debtors of the company increase.
The capital of the Vajji Mahajanapada was ____________.
Which former executive of Care Ratings has been barred by SEBI from associating with any stock market intermediary for two years?
In what year did the EU and India launch their initiative for startups in Battery Recycling Technologies for Electric Vehicles (EVs)?
Which indigenously developed explosive was successfully tested by the Indian Navy, marking a significant achievement in India's defense self-reliance?
Shikhtila, Rapti and Chhoti Gandak are the tributaries of which of the following rivers?
What is the reproductive strategy called where parasites exploit the care of other individuals to raise their young?
Which statement is correct regarding the propagation of sound and light in different mediums?
I. Sound travels faster in water than in air.
<...The GST Council meeting discussed tax relief on:
In which districts of Uttar Pradesh, flowers are used to produce scents and perfumes?
Which bank has been assigned the Lead Bank Responsibility for the newly formed district of Maihar in the state of Madhya Pradesh?
