I need to know when you buy a asset on credit and your monthly instalment is $10000 in the books where and how do you record the outstanding liability the interest and the capital instalments.Secondly the deposit that you receive which you should still send back to the tenat where in the books do you record for entry and the contra entry.
1 3788The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had paid 3000. Pass the necessary Journal entry for this.
27 31963what is asset and what is liability ? why in B/S both will tally at the of the accounting yr or financial yr as the case may be ?
1 3941previous year tax adjustment (i.e. short/excess provision) on completion of its assessment in current year should be shown in p&l a/c or p&l appro.a/c?
1 13760HI EVERYONE I WANT TO KNOW, CAN WE ISSUE DEBIT NOTE OR CREDIT NOTE AGAINST STOCK TRANSFER , IF WE ISSUE OR NOT ISSUED THENY WHY PLZ EXPLAIN
2 6105I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?
2019My gross salary is 12,000/-P.M & due to less working days gross salary becomes 8,000/-P.M will ESI come as my gross is less than 10,000/-P.M
2 6330Post New Accounting General Questions
Are there any questions you would like to ask?
Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj
List out some of the examples for liability accounts?
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry
in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.
How much mathematics knowledge is necessary or required in accounting?
what is difference among credit, loan, advance
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
Do you know what is liabilities and what all does include in current liabilities?
What accounts are to be debited and credited in this case o
Explain what knowledge should financial accountant have?
how to prepare for accontant examinations