Answer / preethi.j

it is a system in which accounting entries are made on the
basis of amounts having become due for payment or
receipt.Inshort credit basis or accrual basis of
Accounting.since it is followed by merchants,trade &
industry ,termed as Mercantile system

what is capital and revenue expenditure

2 Answers  

---

What is the order of priority of the following. 1.Trial Balance,2.Sales Ledger,3.Journal Entry,4.General Ledger,5.Balance Sheet,6.Profit and Loss Account,7.Cash Flow and fund flows.

1 Answers  

---

If the bill is " maa hottel, prop.: a.ghosh". If i can draw a cheque in favour of A.ghosh, this is wroung or right ? please give the undersection of the NIT act.

3 Answers  

---

how to enter ATM withdrawal transaction in tally

10 Answers  

---

Define scrap value in accounting?

0 Answers  

---

Machinary worth Rs 2000 and sold to Rs 1200. Bought new one Rs 4000 and carige inwards Rs 5 How many amount trafer to Capital a/c?

1 Answers   MCom,

---

How to make a vat entry in books including setoff?

0 Answers  

---

Tell me what do you think is bank reconciliation statement?

0 Answers  

---

in the tds entery party ledger which group under craete

2 Answers  

---

WE have paid two month Advance salary on dated 03 June 2010. What will be journal entry inthe month of june for advance payment. And what will be journal entry in the month of july and August for salary adjustment.

5 Answers  

---

I select in Vendor Master - in defualt data material - Purchasing Group as a Subcontractor but how to get report or list only Subcontractor Vendor Master in sap?

0 Answers   MNC,

---

if salary paid per month rs. 46500/- i will deduct tds from his salary please what i will do explain

3 Answers   Wipro,

---