Please tell me what is the journal entry of closing balance ?
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Explain the Parameters required in the Setup of Financial Option and Payable Option
As you know account executives need to be talented salespeople. Do you have experience making sales?
What accounting Treatment we should do while we received Amount Rs 39200 After deducting Tds 800 From Invoice Amount 40000. Kindly also explain for deducting Tds should be booked under which Head of Tally.
what is rettification of error?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
List out things that fall under intangible asset?
why accounting is important in business?
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
How you will treat purchase of phones & software CD's in Tally. what are the heads for both.
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What is Prepaid Entry
What is an accounting transaction?