Interested to Buy Any Domain ? << Click Here >> for more details...
what will be the entry if advertisement suspence a/c is on
asset side of balance sheet?
- 4 Answers
- 15719 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Advertisement A/C Dr
To Advertisement suspense A/c
| Is This Answer Correct ? | 12 Yes | 11 No |
Answer / deepika
DR : ADVERTISMENT SUSPENSE
CR :ADVERTISMENT EXP
| Is This Answer Correct ? | 9 Yes | 9 No |
Answer / biswaranjan sahoo
When we incur advertisement exp. & benefit of the expenditure is likely to be expended within one financial year then normally full Advertisement Exp. A/c is booked to Exp. A/c, but if the benefit of advertisement exp.is likely to be derived in future accounting years then the proportionate value of advertisement exp. is capitalized in stead of booking the whole amt. in one accounting year.
So the advertisement exp. is capitalized by the following entry: Advertisement Suspense A/c----------Dr.
Advertisement A/c-------------------Cr.
Then the Advertisement Suspense A/c is placed in the Balance Sheet under the Factitious Assets Group.
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / dharmesh gandhi
WHEN ACTUAL TRANSACTION IS KNOWING THAT TIME ENTRY IS REVERSED BY JOURNAL PASSED I.E. ADVERTISEMENT SUSPENSEA/C CREDITED AND WHATEVER EXP. IS DONE LIKE ADV. EXP. OR ANY SUNDRY EXP. A/C DEBITED
| Is This Answer Correct ? | 1 Yes | 4 No |
Expand ------RGGVY
How the Fund flow statement is different from Cash flow statement.
expand S E B I
how to create the trading a/c, profit & loss a/c & Balance sheet & What do u mean by bank reconcilation
FORFEITURE OF SHARESVS SURRENDER OF SHARES
whatis meant by contigent liability
when i am running the bank statement import program in reconciliation module, in the program parameters when i try to select the statement numbers, the fields were showing the list of values contains no entries. Please help me out..
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
someone wants to transfer money from their accont to mine that was lift to them by their father who is now dead
break even point
what would you contribute for bhels growth
what is the use of memmorandam voucher in tally ?
Audit 
