I would like to know about work in progress, when we will debit WIP under Asset a/c head in balance sheet, the credit will be allocated under in which accounting head? whether its under purchase a/c or income a/c ? expecting detail explanation?

2 Answers  

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How many types are accounts head?

15 Answers   Limton,

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what is equity share

3 Answers   Reliance,

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What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. ???????????????????????WHY????????????????

5 Answers   IAS,

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how to prepare balance sheet , p and l account ,

13 Answers  

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what is salary slab for tds

2 Answers   Automobile, Jakson,

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salary payable deduct tds entry

0 Answers   Matrix Adhesive Incorporation,

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i have paid the vat amount for the financail year 2009-2010 in the financail year 2011-2012.how to pass journal entries

3 Answers  

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goods worth rupees 440 distributes free among the poor?

0 Answers  

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rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

0 Answers  

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What is amortization..? Any examples pls..?

3 Answers  

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Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST

0 Answers   Aarge Drugs,

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