Answer / madhulika2011

A prospective or expected condition, especially one considered with regard to growth, advancement, or development.

Answer / me

A standardized contract guaranteeing delivery of a certain
quantity of a commodity (such as wheat, soybeans, sugar or
copper) on a specified
future date, at a price agreed to, at the time of the
transaction.

Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?

0 Answers   Siemens,

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Asset A/c is a ............... (a) Personal a/c (b) Real a/c (c) Expense a/c (d) Personal or Real a/c

4 Answers  

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Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 5) If cheque is received from the tenant, journal entry=? 6) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

1 Answers  

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In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

0 Answers  

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1.recivable and payble 2.pf,tds,esi

0 Answers  

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what is depreciation ? and its entries ?

8 Answers   Genpact, HC, HCL, HP, TCS,

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Explain me fair value accounting?

0 Answers  

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Outstanding Expenses are the examples of

4 Answers  

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What is Tax Audit ? Please Explain.

1 Answers  

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If salary paid per month Rs 40000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)

7 Answers   Aegis,

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Pass the journal entry: rent outstanding

0 Answers  

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when we use credit card, then what will do entries in tally erp as a accountant and second question that if he do entry then what will thay keep under the ledger of credit card.

1 Answers   State Bank of Mysore SBM,

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