How to Close housing loan account while preparing profit
and loss account
Answer / d.selvakumar
First we have to get certificate from housing loan provider
and which inticate how much amount priciple and how much is
interest. The interest amount debited in Profit and loss
account from which we have paid during the year and balance
amount deducted from loan payable account and balance
amount payable should shown in the balance sheet unter
liability side payable.
| Is This Answer Correct ? | 6 Yes | 0 No |
What types of reports and accounts should a partnership company prepare?
please give the sbi bank clerk exam paper model in last five years?
Is fee income unrestricted income or restricted income?
Ramana deposited directly in our Andhra Bank towards deposit for DealershipRs 15000/-Pass entry
Expand RMP
plz send me the apptitude question papers of wipro
whst is detailed information aboutaccounting standards 20to 29
purchase of stationey to proprietors daughter debited to stationery a/c.rectify it
Expand ------VIDR
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
Is closing stock will recorded in Trail balance?