Passing of entry in ledger account from journal is called --
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The Bad Debts figure in the trial balance is 170. The following info is to be taken into account: A provision for bad debts of 5% of debtors is to be created
What is Budgeted capital ?
How should you treat money donated to improve a building, which is a permanent endowment?
Why Copyrights,patents,goodwill etc.etc. falls under real account and not nominal or personal account? I know anything which affect trading & Profit & Loss accounts are nominal accounts.And the above do not affect the Trading or P/L accounts but on the other hand they are intangible and neither can they fall under real accounts as Real accounts are those that are not personal and they are tangible. Again in another way if we see, Patents, Copyright ,Goodwill etc. etc. kindoff acts as a representative of a person or a company like in the same way as a Bank or Company name,so they can they not fall under Personal Account??
In Accounting how many types of formulaes?
company's total overhead expense is containing which are the expenses? Definition of overhead expense.
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what is golden rules of accounts
wt is stock split, dividends, rights issues,mergers and acquisitions, and spinn offs?
A borrower pays $1000 towards the late payment penalty to a bank A pass the necessary journal entry
Cn i know full information about ESI & PF.
what is investment