Answer Posted / nancy

goodwill a/c dr
To xyz a/c

What is the difference between General Ledger and Ledger?

1468

---

please explain all accounting concepts n conventions in detail

2084

---

We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.

1457

---

What is the purpose of financial statements?

1079

---

Explain me how much mathematics knowledge is necessary or required in accounting?

1056

---

What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.

1684

---

What is Time capital

2158

---

what is the new rate of c.s.t in uttraklhand

2398

---

audit under section and penalty under saction scurtiny under saction

2166

---

what is the nature of profit and loss approprition account.which entity prepare this.

1938

---

what's the difference between impress cash account and petty cash account

1742

---

what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??

1673

---

Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

2487

---

What is reversing journal entries?

1180

---

There is no item category assigned to account

2178

---