If a builders work is incomplete.Then what entry will be
passed by him on closing of accounting year i.e 31st march
In P&L A/c and Balance sheet
- 2 Answers
- 3839 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / s.sridhar
Building Work in Progress A/c. Dr.
To Cash / Bank Cr.
[Credit all payments up to 31st March]
After completion of building construction
Building A/c. Dr.
To Building Work in Progress A/c.
For more info respond here only.
| Is This Answer Correct ? | 4 Yes | 0 No |
what are doucement required under registration of properity firm. give the answer breif
what is vendor setup?why it is required in accounts payable process?
How to set/ determine credit limit for customers ?
what is difference between trail balance and balance sheet
2 Answers MC Packaging, Wipro,
HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?
what is the entry for provission for salary t 31march and 1st april and payment
If i have started a new institution than what are the entries i have to passed in tally
what is depriciation?explain all methods of depriciation?and give more dwtais about depriciation?
What is ROI?
we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
What is Rectification of Errors and types of errors?
What is meant by forex P&L a/c.?
Audit 
