Answer / ovenkat4

The accounting cycle is the process of rotating the financial balances of the company. The accounting process is Journals, Book keeping, Ledgers, Subsidiary books, Trail balance, Profit and loss a/c, Balance sheet. This is the process, then the process will start from the journals, automatically this process is runes in the organisation.

how i will pass the journal entry for the shipping charges

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How you classify bank Account?

1 Answers   Satyaki Educational Academy,

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hello friends i like to know journal entry for one loan transaction ie if you purchase a car for EMI with initial payment how to make first entry & monthly entry any thing is there? pls reply to me.

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sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?

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In what circumstance month end liability wil increase ?

1 Answers   FIC,

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exchanged old furniture for new,the value of old furniture was rs 350 while the vaue of new furniture was rs 900 balance paid in cash what will be the journal entry according to you

2 Answers   Chartered Accountant,

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Tell us what is a cpa?

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I m working in NGO. we have taken loan from a person or other project in march and returned in may. So what are the entries in tally should be. what are the ledgers to be created and under which group? what are the journal entries?

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how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE

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Explain what is account receivable?

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If there are 15 credit purchases during a given month, then there will be ....................... posting from the purchase book at the end of the month

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how to calculate the income in accounting ?

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