How to Finalized Accounts? Please Guide.
Answers were Sorted based on User's Feedback
Answer / rupaun barua
After completing the recording of financial transaction,
all adjusting entries will have to be recorded in the
ledger and finanally a Balance Sheet will have to be
prepared by taking ledger balances.The Balance Sheet is
called the end product of Accounts.
| Is This Answer Correct ? | 4 Yes | 1 No |
What is meaning of cenvat credit please described in detail.
16 Answers Ferrari, Steelco Gujarat Ltd, Whirlpool,
what is TDS what percentage its calculated
what is journal
Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000
if rent paid by the head office of their branch than what would the accounting enrty and why?
if my salary is 12000 per month how much i will get after deducting PF an ESI
Can we pay bonus to employees out of Reserves?
Why Accountants have to or must prepare INCOME STATMENT in two stages Gross Profit And Net Profit
What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?
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
What are the expenses comes uner direct exp
swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000