Answer / praveen singh

if the name is giving than it is represantive personal a/c
other wise nominal a/c

What is the actual meaning of Ledger Account?

1 Answers  

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How can I put Bank Guarantee Receipt entry in Tally ERP9?

0 Answers   Shaqab,

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What is the accounting treatment for goods taken from business for office use

2 Answers  

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Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?

0 Answers  

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How do you classify errors in accounting?

0 Answers  

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what is the definition of dual reporting in view of global market?

0 Answers  

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3 Answers  

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What are depreciation and amortization?

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examples for depereciation

6 Answers  

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Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

0 Answers  

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Why is Income statement prepared?

11 Answers  

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Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c

0 Answers   WNS,

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