Answer / raamz

The entry made in a journal. it will contain the date, the account name and amount to be debited, and account name to be credited. Each journal entry must have the cash of debits equals to the cash of credit.

Answer / sumitra.raghavan

when any monetary transaction takes place...at first there are
recorded in journal

Answer / priyanka

Journal entries provide foundational information for all other financial reports and are used by auditors to analyze how financial transactions impact a business.

What is VAT & how much vat percentage?

4 Answers   Cummins, Genpact, Sheel Enterprises, Suvarna, XYZ,

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"while Financial accounting is external, cost accouting is internal to the business" Explain?

1 Answers   Deloitte,

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Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.

0 Answers  

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what is the difference between billable and nonbillable expenses?

3 Answers  

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pls explain the clear difference between Depreciation and Demortization?

5 Answers   HSBC, Syntel,

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what is inflation accounting

1 Answers  

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A firms average total cost is Rs.300 at 5 units of output and Rs.320 at 6 units of output the marginal cost of producing the 6th unit is................

3 Answers  

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Why should balance sheet always get tallied ?

3 Answers  

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Answered but misspelled pl correct RS.180000/-IS THE INCOME EXEMPTION LIMIT FOR (ANS.NEWMO)

1 Answers  

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debt/total capital

2 Answers   Capital IQ, FactSet Systems,

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Expand---------MRDT

1 Answers  

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An accountant used the horizontal layout to create a balance sheet. The capital of the owner was shown next to the liabilities, the confused owner argues, "My capital is my major asset and should be shown as an asset on the statement of financial position. how to begin explaining the misunderstanding to him????

0 Answers   Moon Corporation,

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