What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).

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What do you know about this position?

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In Which Group "goodwill Written off account " will come?

2 Answers  

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while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

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What does a demo/presentation need to be effective?

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I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.

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What is the meaning of GAPP?

12 Answers   Ernst Young, Inventory,

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Account for letter of credit in the books?

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i want to know about VAT & CST (inculding its Form No.)

5 Answers   Sumeet,

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A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.

0 Answers   Jaguar,

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how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.

0 Answers   Essar,

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What is bad debt expense?

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