Hello bhidu, I was searching for something and found your channel. Glad to find this channel 🤗 I enjoyed watching this knowledge video. Keep growing and sharing this wonderful knowledge. Diptawan
I have filled the Google form and sent the resume for O2C/Cash application profile. I have 7.5 years of experience. My preferred location will be pune but other location will work as well.
April : Consultancy Services Expenses ( Dr. ) - 3,00,000 To Outstanding Expenses - 3,00,000 May : ( Is my entry correct ? ) Consultancy Services Expenses ( Dr. ) - 3,00,000 ( for the may month Outstanding Expenses ( Dr. ) - 3,00,000 ( outstanding expense of previous month ) Prepaid Expenses ( Dr. ) - 3,00,000 ( prepaid expense of next month ) To Bank a/c - 9,00,000 Jun : CS Expenses a/c ( Dr. ) - 3,00,000 To Prepaid Expenses - 3,00,000
Apr Accrued income ----dr 30000 Service income ----cr30000 May Cash ac--------dr90000 Sevise income ---cr30000 Accrued income ---cr30000 Prepaid income ---cr30000 Jun Prepaid income ---dr30000 Service income ---cr30000
I know this kind of entries I post this kind of entry in my current company...But I had tried many time to crack interview of MNC s but failed... Still not getting a single chance...Don't know how an unexperiance candidate getting jobs on MNCs but not me...
Sir, I have done 3 round interview @ accenture on 30th Aug 2023, I didn't get any mail from their side. may I know how much days are taken to get the mail?
Hello i have been searching for job , since 6 months , i am from hyderabad and i have done my degree in BBA 2021, currently i am pursuing ACCA and i have an experince on Accounts payable for 8 months ..please coukd you help to get into good company ..
CS expense Dr. 3lcs Accrued Expense Cr. 3lcs (After getting the whole period invoice) CS expense Dr. 3lcs Accrued Expense Dr. 3lcs Prepaid CS Expense Dr. 3lcs To Nahakriwala Cr. 9lcs Reversal entry would be Debit naukariwala with 9lcs To Bank After getting the whole service for the prepaid month prepaid expense should be credited with debiting CS expense.. If I'm not wrong??
Very informative , make some more like this
Thank you, I will
Very knowledgeable video. Thanks a lot.
Glad it was helpful!😇
Very useful Journal entries Sir..Thank you so much for sharing
Most welcome🙂
Tricky and i feel hard to but you explain well keep it up
Keep it up❤
@@CorporateWala make more video in journal entry
Very useful video... thank you for sharing your knowledg.❤
Glad it was helpful!😇
Nice explanation ❤
Glad you liked it
Hello bhidu, I was searching for something and found your channel. Glad to find this channel 🤗 I enjoyed watching this knowledge video. Keep growing and sharing this wonderful knowledge.
Diptawan
Glad you liked the content I share 😊 stay connected 🙂
I have filled the google form and sent my CV for PD-Account payable role in Hyderabad or Chennai ..
Thank you
okay will check it
Excellent 👌
😊
Great work !!!🎉
Thank you 😊
Really very helpful ❤❤
Glad it was helpful!
Nice explain ❤
Thanks 🙂
Thank you sir🙏
Most welcome😇
Sir do paid course on explain all journal entries which u released pdf made journal entries easy book
Yes I have explained everything in easy language
@@CorporateWala yes but it would be better if you explain each one in video as a paid course that will help full many
I have filled the Google form for P2P and sent CV to the mail id. chennai location.
Okay will check ✔️
You haven't mentioned why bank account credited in prepaid entry for june month.
I have filled the Google form and sent the resume for O2C/Cash application profile. I have 7.5 years of experience. My preferred location will be pune but other location will work as well.
Okay Vivek I will check and get back 🔜
Whats the nature of cs a/c like its an expense a/c or revenue?
What do you mean by CS, pls mention full form as I have to watch the entire video to understand the context you are asking
Consultancy service account
Hi Ankit, could you please make a video on how to add key points of experience in P2P in resume/CV..
Sure....stay connected 😃 soon will try to make video on it
In 2 quater have 6 months. According to 1 month...fees will be 1,50,000
👍
if payment made in Jun then will it be prepaid or ??
not a prepaid in that case since June is the last month of the 2nd quarter
Dr. Prepaid expense
Cr. CS expense
Is CS expnse a/c that ws credited, treated as liability or expense? Can u pls explain the concept of this entry?
It was treated as reversal of expense which we had created in first JE of invoice receipt
@@CorporateWala OK, thank you 🙂
April :
Consultancy Services Expenses ( Dr. ) - 3,00,000
To Outstanding Expenses - 3,00,000
May : ( Is my entry correct ? )
Consultancy Services Expenses ( Dr. ) - 3,00,000 ( for the may month
Outstanding Expenses ( Dr. ) - 3,00,000 ( outstanding expense of previous month )
Prepaid Expenses ( Dr. ) - 3,00,000 ( prepaid expense of next month )
To Bank a/c - 9,00,000
Jun :
CS Expenses a/c ( Dr. ) - 3,00,000
To Prepaid Expenses - 3,00,000
Apr
Accrued income ----dr 30000
Service income ----cr30000
May
Cash ac--------dr90000
Sevise income ---cr30000
Accrued income ---cr30000
Prepaid income ---cr30000
Jun
Prepaid income ---dr30000
Service income ---cr30000
I know this kind of entries I post this kind of entry in my current company...But I had tried many time to crack interview of MNC s but failed... Still not getting a single chance...Don't know how an unexperiance candidate getting jobs on MNCs but not me...
Keep practicing bro you will get
I have filled the Google form & sent ky cv for PD Accounts Payable roll .. location Kolkata
Okay will check ✅
Sir, I have done 3 round interview @ accenture on 30th Aug 2023, I didn't get any mail from their side. may I know how much days are taken to get the mail?
generally it takes 10-12 days
@@CorporateWala thanks for replying 😊
@@sabrinsadiksadik3376 how was ur interview pls share the qns iam also having interview r2r
Prepaid consultancy services dr. 90000
To bankcr 900000
Consultancy services ac dr 300000
To prepaid consultancy services 300000
It's not correct, but glad you tried it by yourself before watching the explanation 😊
Hello i have been searching for job , since 6 months , i am from hyderabad and i have done my degree in BBA 2021, currently i am pursuing ACCA and i have an experince on Accounts payable for 8 months ..please coukd you help to get into good company ..
Hi have you seen my referral video if not pls do and follow the instructions
What ia Cs
Can't we pass a combined journal entry like
Dr. CS EXPENSE 300000
Dr. Accrued expense 300000
Dr. Prepaid expense. 300000
Cr. Bank 900000
Yes you can pass it but it might have made complicated journal for others that's why to simply it, I have shown separately
CS expense Dr. 3lcs
Accrued Expense Cr. 3lcs
(After getting the whole period invoice)
CS expense Dr. 3lcs
Accrued Expense Dr. 3lcs
Prepaid CS Expense Dr. 3lcs
To Nahakriwala Cr. 9lcs
Reversal entry would be
Debit naukariwala with 9lcs
To Bank
After getting the whole service for the prepaid month prepaid expense should be credited with debiting CS expense.. If I'm not wrong??
Please elaborate. Not understood
Which part
Hloo Sir
Plzz take my moke interview
I, m wating for for moke interview round plzz reply me
Hi currently I am busy with year end close will try to take in coming week
@@CorporateWala ok sir thank you
Not understand
What u didn’t understand
Samajh bhi nahi aya. Aur Maja bhi nahi aya .. so thumbs down 👎
Jo part samajh rhi aaya go back and watch again, cause easy Journal entry nahi Hain ye, tricky Hain ek bar main samajh AA Jaye zaruri nahi
I have filled the google form & sent my cv to your mail id for referrals
Okay will check ✅