Mention why some asset accounts have a credit balance?

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what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle

0 Answers   Wipro,

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Categorize the following journal entry in Real A/c, Nominal A/c and Personal A/c: Goods worth Rs.10,000/- destroyed by fire and the insurance company admitted the claim for Rs.8,000/- Insurance Claim A/c Dr. 8,000/- Loss By Fire A/c Dr. 2,000/- To Trading A/c 10,000/-

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WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET

1 Answers   MNC,

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differ the revenue expenditure and capital expenditure

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rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

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Calculate the total Depreciation for four or five Years so give example?

1 Answers   EDS,

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Do you think there is any difference between inactive and dormant accounts?

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Explain what is liabilities and what all does include in current liabilities?

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Your grandfather is 75 years old. He has total saving of Rs. 80000. He expects that he live for another 10 years and will like to spend his saving by them. He placed his saving into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occuring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

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under which accounting rule prepaid salary?

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SALES BOOK IS A PART OF

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