Answer / ch.ramesh

if trail balance is not tally then we have to create the
suspense account (for trail balance equalize purpose )

Answer / vicky

If You dont know in which account that expense is incurred then you have to put that to suspense account

Answer / nitin

while tallying the trial balance , if there is a difference between both side and you dont know the reason of that then transfer it to the suspense account. when you come to know about the relevant account later on then transfer to it by closing suspense account.

What is sweep account

2 Answers  

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why should be mention capital in liabilities side

4 Answers  

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What are the different types of gst?

0 Answers  

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what is meaning of npv(net present value)

1 Answers   bscpl,

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EOQ formula ? and tell me about that???

19 Answers   Banking, Capital IQ, IQ,

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Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

0 Answers  

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paid in advance journal entries

3 Answers  

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Tell me different branches of accounting?

0 Answers  

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What is the Difference Between Tally Software & SAP Software..?

14 Answers   GTS, SSK, TATA,

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i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?

0 Answers  

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A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

0 Answers  

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a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?

0 Answers  

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