11-25-2009, 02:25 AM
Assalam-O-Aleikum.. I am new to this forum and I want to ask some basic questions which are basically concerned with CAT...here they go
1- What is Pro Forma invoice?
2-what is FOB Shipping Point?
3- If the opening and closing balance of creditor control account is given then will the opening balance be on the credit side and closing on debit?
4- If we wrongly write the credit note as invoice on the bank statement then how do we correct it?
5- Return inward, Return Outward, Carriage inward and carriage outward..?
6- Till roll?
7- And finally what is the double entry for payment of wages and salaries through BACS?
1- What is Pro Forma invoice?
2-what is FOB Shipping Point?
3- If the opening and closing balance of creditor control account is given then will the opening balance be on the credit side and closing on debit?
4- If we wrongly write the credit note as invoice on the bank statement then how do we correct it?
5- Return inward, Return Outward, Carriage inward and carriage outward..?
6- Till roll?
7- And finally what is the double entry for payment of wages and salaries through BACS?