Answer / r.chandrasekaran

Balance Sheet can be prepared from a Trial Balance, which is an extract of the ledger accounts consisting of all the financial transaction taken place in a business for a particular period or a financial year.

Answer / chandu

balancesheet can be prepared to find out the financial
results of end period like quaterly, half yearly, yearly.

Hi Everybody, 1). Can anybody tell me the Journal entry for Bank charges Rs.100 and under which account it will come. 2). Received interest from Bank what is the journal entry, under which account it will come, Awaiting for soonest reply, Thanks, Khan

12 Answers  

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What is cash flow and fund flow?

0 Answers  

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Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect

0 Answers  

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what is ment by suspence account and dummy account

0 Answers  

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Mention the types of accounts involved in double entry book-keeping?

0 Answers  

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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.

0 Answers  

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difference between Reserve capital and capital reserve

6 Answers   Capital IQ, VPT,

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what is the difference between debit card and credit card?

2 Answers  

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If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the amount of purchase will be (a) Rs.80,500 (b) Rs.74,900 (c) Rs.74,700 (d) Rs.80,900.

4 Answers   Infosys,

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While calculating TDS are we to take the value+Tax and then arrive at or take only the value

2 Answers  

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what is miscellaneous expenditure??

1 Answers   Accounting,

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What is a cpa?

0 Answers  

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