Let me know the liability positions of Partners
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Can anyone clearly explain difference between assessment year and financial year?
What is BRS? Why BRS?
how is suspense a/c treated after it has been shown in the trail balance ?
Tell me what is your track record for consistently achieving your targets?
what is the difference between accounts and finance ?
what is tax invoice and retail invoice
What Is Bank Reconciliation ?
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.
what diff, between companay balance sheet and indivisual balance sheet?
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
define contra entry?
The main financial accounting statements?