Interested to Buy Any Domain ? << Click Here >> for more details...
What is the prior period item ? and please give some
examples with entries and that account head come under
which ledger(creation of ledger)
- 3 Answers
- 9496 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / venkat
Prior period expense should be current period Provision of Current asset
Prior period income should be current period provision of current liability
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / prachi panadiwal
PRIOR PERIOD ITEM WHICH IS ISSUED IN ONE FINANCIAL YEAR &
CARRY OUT NEXT FINANCIAL YEAR ALSO
E.G IF CHEQUE ISSUED IN MARCH & CLEARD IN MAY TNEN IT WILL
MOVE TO PRIOR PERIOD WHILE BANK RECONCILATION.
| Is This Answer Correct ? | 1 Yes | 6 No |
Answer / r sumitra
prior period item are those which arise after the
incorporation but the receipt of certificate of commencement
| Is This Answer Correct ? | 0 Yes | 8 No |
WHAT IS THE ACCOUNT PAYBLE
(a) What is special Audit under section 14AA of CEA? (cenvat credit Audit) (b) Who can conduct such audit? (c) Who can order such audit? (d) What is the time limit for submission of report
credit card all entry pass in tally
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
Difference Between Revenue & Capital Expenditure Give an Example of each ?
what is TDS what percentage its calculated
What is a contra entry
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
What does overhead mean in regards to accounting?
purchases goosd in cash rupees 6500
i purchase one computer @Rs.30,000 i issued PDC's then when i enter all pdc's in tally at a time or any other pls. tell me
Hi Everybody, i would like to know the journal entry for the below question, 1). One color Tv is taken by proprietor for Personel use. also in TALLY Accounting package how i can post,if it is drawings,under which account, please let me know. Thanks,
Audit 
