Does the Commission have a policy on the holding of
reserves?
Answer / guest
It is the responsibility of the trustees to devise and
implement a reserves policy which is appropriate to the
charity. The Commission has issued guidance for trustees on
this matter, leaflet CC19 - Charities' Reserves
| Is This Answer Correct ? | 2 Yes | 0 No |
WHY PROFIT & LOSS A/C, WHY NOT PROFIT & LOSS A/C
what do u mean by brs
DEAR ALL, HOW TO ACCOUNT THE SALARY ADVANCE A/c. I HAVE TAKEN AN ADVANCE OF Rs.25000/-. I HAVE DEBITED SALARIES ADVANCE A/c AND CREDITED THE PETTY CASH A/c in TALLY. I dont't know whether it is correct or not. If correct, in my individual ledger no entry is reflected. Alternatively, if I debit my self and credit petty cash a/c it is reflected in the P & L Account, but it is not an expense. and not reflected in the balance sheet, but reflected in P & L. I think I need to put a journal entry. Like debiting the salary account and crediting the salary advance account. Is this correct or not? Can any one help me please. my mail add: cdvijay100@yahoo.co.in or kmlnkml@live.com
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
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EXPAND_________VIT
Expand---------TMG
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