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explain the relevance of closing stock account in trading
a/c when preparing the gross profit?
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what is differnce between balance sheet of a bank & a company
0 Answers Banking, Standard Chartered,
In accounting equation what is the treatment of investment in shares??
Company A has purchased goods worth Rs. 25000 from company B and made the cash payment of Rs 5000 and remaining will be payable with in 30 days. Assume that there is a late payment charge @ 2% on remaining amount as the invoice was received after due date from company B. Pass the journal entry in the books of company A for all the above transactions.
cost of normal waste of material under contact costing is debit to : 1)contract a/c 2) trading a/c 3) matrial a/c 4) profit and loss a/c
I am working in govt. sec. How to make journal entry in books for Fix Deposit
why debit is called debit.& why debit is on left side,why not on right side ?
how to calculate good will of a company
what is the meaning of deferred revenue ? give me some examples
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
Why company issue shares at discount as its a loss ?
Jurnal for interest chrgd by bank- Interest a/c dr To bank Bank is real a/c Que is why bank is credit as d rule is dr d reciever
why should we treat closing stock credit side in trading account , and why the reason the closing stock should not appear in the trial balance ?
3 Answers Capital IQ, XL Dynamics,
Audit 
