Interested to Buy Any Domain ? << Click Here >> for more details...
what is miscellaneous expenditure??
- 1 Answers
- 5673 Views
- Accounting, I also Faced
- E-Mail Answers
Answer / venkatesham varganti
small amounts incurred for the running of business is called misc. expenses and it will be shown at debit side in profit & loss a/c. some times there is no perfect head for expenses incurred in that case also the amount spent is shown under misc.exp. a/c
| Is This Answer Correct ? | 12 Yes | 1 No |
What is accrual concept?
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
what is profit & Loss Appropriation A/c. why it is prepered? what are its benefit for a company
Explain accounting 101?
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?
A persons salary 1 lac per month .How i can save the tax to company & persong giving by breaking of salary during year 2008-09 when FBt is applicable ?
a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry
entry for cash received from debtors
What is Depreciation ?
If the financial year is Jan till Dec then would we make any entry for the telephone bill of Dec, whose invoice/bill would generate in Jan of next year. If yes what would be the amount as bill is still not received and what would be the adjusting entereis. Also how to rectify the same in next year?
What is the entry pass if we are given to advance for employee?
"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.
Audit 
