ambar became insolvent a dividend of 50 paise in rupee is received required journal entry for this transaction
1 10769Balance sheet is account or statement?and Which account is come under balance sheet(i.e. real,personal and nominal account)?
3 5564Pl send your mail addresses to avail a Free Book on interviews. It is specially designed containing 30 pages for Freshers in Accounting Job Seekers
7 8354Into which account do we close the revaluation account balance during the winding up of a company?
2027IN ONE OF THE MAUNUFACTURING COMPANY, THE MANAGMENT WAS VERY MUCH INTERESTED TO INTRODUCE ERP(IT IS FOREIGN SOFTWARE)BASED ON SOME ATTRACTIVE FEATURES EXPLAINED BY THE ERP SOFT WARE COMPANY/AGENCY . THE ACCOUNTING STAFF ARE ALL CONVERCENT WITH TALLY ACCOUNTING PACKAGE(INDIAN ACCOUNTING METHOD). THEREFORE THEY WOULD LIKE TO KNOW THAT (I) WHAT ARE THE DIFFERENCE BETWEEN A TRIAL BALANCE FROM NORMAL TALLY ACCOUNTING AND ERP GENREATED TRIAL BALANCE (2) SINCE THE BOTH THE TRIAL BALANCE WILL BE HAVING DIFFEERENT DATAS HOW SOME ONE CAN MAKE A FINAL ACCOUNT SUCH AS TRADING A/C PROFIT & LOSS ACCOUNT AND BALANCE SHEET AS PER INDIAN COMPANIES ACT. THE TRIAL BALANCE AS PER ERP SHOW SOME COST OF PRODCUTION A/C, LABOUR/MATERIAL/VALUE VARIANCE A/C. SAY ALL THESE VARIANCE ARE CORRECT AND BASED ON THE ACTUAL TRANSACTION TAKEN PLACE, HOW SOMEONE CAN A FINAL ACCOUNT MEANT FOR INDIAN ACCOUNTING POLICY WHICH TO BE SUBMITTED TO VARIOUS GOVT BODIES? I AM TOTALLY CONFUSED
1 36183 dost 1 hotel me khana khne gye to unhone 75 rupye diye aur hotel ki malik ne unhe 5 rupaye wapas diya aur 2rupye water ne rakh diye aur une 1,1 rupye diye aur 1 rupya kha gya
2 16418Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP
1972if u r work in showroom as a accountant. one day owner's friend is come into his showroom and he want to buy a 1 track-shoot but he confused and he take 3 track- shoot with us and reply he only pur. 1 track-shoot & 2 track-shoot return after 3 days. so now what is entry passe in account.?
1 2826Post New Accounting General Questions
Tell me what is accrual accounting?
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
whether bills of exchnge can come under the category of reserves and surplus
Tell me in accounting, how do you define premises?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
what is the due date of 28th feb
What are the uses of journal in accounting?
Tell us what kind of work environment do you prefer?
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
In Service tax Return ST-3 What is meaning of first Row (i) Service tax payable (a) Gross amount received in money (I) Against service provided Pls explain in detail
After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
What is use of subject history in banking?
Define fictitious assets?
what is gl a/c? & why is it maintain
What is an over accrual?