What are Wash accounts and suspense accounts and how do
they operate?
Answer / dipinder kaur
susupense accounts and wash accounts are one and the same thing...they are basically for providing a temporary location for transactions untill a co. figures out where the cost needs to be transferred...At the end of the year, suspense/wash accounts should show a zero balance..
| Is This Answer Correct ? | 24 Yes | 4 No |
what is corporate assesse
correction of sundry creotors
I want to know the Payroll Accounting Questions
what is the differance b/w direct & indirect exp
what is depreciation and methods mostly used
who is the best faculty in hyderabad for sap fico with real time exerience. if you know please send me his contancts
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
What is normative accounting?
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
0 Answers Abradant International,
What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%.
entry for cash received from debtors
WHAT IS THE AUDIT?