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Why is Interest A/c debited and Bank a/c credited when interest is charged by the bank?? Here I assume Its an expenses so interest is debited but I don't understand why bank is credited?? Bank is a personal account. Please explain this doubt?
2 4181rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
2130we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.
2123how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
1927Post New Accounting General Questions
Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?
Tell me why do you apply for a job of an account executive?
What is aggregate Liabilities ?
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
What are time sheets?
X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800
all ques. related to accounts?
WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?
How do you classify errors in accounting?
Tell me what is the abbreviation for the accounting terms debit and credit?
How the Depreciation will calculate in Company?
What is accounting normalization?
why accounting is important in business?
how sales invoices adjusted against advance received from Debtor?
can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.
