Tell me the stages of double entry system?

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expenses incurred in the formation of the company are show in : 1)debit side in the profit and loss a/c 2)as an assets in balance sheet 3) as an liabiliies in balance sheet 4) credit side in profit and loss a/c

2 Answers  

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what is MICR CODE AND BSR CODE HOW IT WAS DIFFERENT?

3 Answers   Bank Of America,

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What is accounts receivable?

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what is the journal entry for cheque dishonour

16 Answers   Bank Of America, CTS, Oriental Bank Of Commerce,

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What is the entry for Discount Received? & What is the entry for discount paid?

13 Answers   Azizi Bank, i4 Mobiles, WNS,

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examole of cash to cash contra entry

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adams a debtor for R600 had been declared insolvent and part of his debts has to be written off. The attorneys informed you that an amount of 25c in the rand will be paid and the rest must be written off

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A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.

0 Answers  

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What is Amortisation? What is the difference between depreciation and amortisation?

2 Answers   Wipro,

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Tell me how many types of business transactions are there in accounting?

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What is double-entry accounting? Explain with an example?

0 Answers  

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