The accounting entry is integrated accounts for recording sales will be

Related MCQs

• What will be the accounting entry in integrated accounts for absorption of works overheads?
• ABC Ltd. has prepared the cash budget for the year 2014-2015 and provided the following information pertaining to sales value : Month Rs. April 2014 2,50,000 May 2014 2,80,000 June 2014 3,20,000 July 2014 3,50,000 20% of the monthly sales are expected to be on cash basis. 60% of the credit sales are expected to be realised in the month following the month of sales and remaining 40% are expected to be realized in the second month following the month of sale. The estimated cash receipts in the month of June 2014 are:
• Under integral system, the accounting entry for recording depreciation charges on machinery will be
• What accounting entry under integrated system will be passed for payment to creditors for supplies made?
• In an integrated accounting system the accounting entries for factory overhead absorbed would be :
• Entry under Integrated System for : Credit purchase of materials for stock
• Entry under Integrated System for : Cash purchase of materials for stock
• Entry under Integrated System for : Cash purchase of special materials for direct use in a job
• Entry under Integrated system for : Materials returned to supplier from stock
• Entry under Integrated system for : Issues of Direct Materials for production