In the books of Lessee , short working recovered amount is debited to Sol:

Related MCQs

• A few errors committed in Ahhiwalia's books of account are given below. State which errors would affect the Trial Balance. (a) Sales of `950 to Ram completely omitted from books of account (b) Purchases of `720 from Shyam entered in the purchases journal as `700 (c) Purchases Journal is overcast by `1,000 (d) Sales returns journal is undercast by `200 (e) Amount paid to Agarwal wrongly posted to the debit to Mittal's account (f) Bank overdraft shown under debit column in the Trial Balance (g) Sales of `500 to Sadiq entered in sales journal as sales to Mushtaq (h) Wages paid for installation of machinery debited to wages account
• Short working is a type of taxes paid by the lessee Sol:
• When there is no Goodwill Account in the books and goodwill is raised,…………….account will be debited Sol:
• If Ram's acceptance which was endorsed by us in favour of Saleem is dishonoured, then the amount will be debited in our books to
• Lessee is the………… Sol:
• In case f recoupment of shortworking, the lessee: Sol:
• Royalty is an income to lessee Sol:
• When an asset is acquired on hire purchase system, the asset account is debited with _______ of the assets in the books of the hire purchaser.
• In the books of consignor, the expenses incurred by consignee should be debited to
• The Head office account in the books of branch is debited with