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Differance between US GAAP and UK GAAP?
What will be the general entry for purchase return? What will be the general entry for sales return?
salary and rent provision entry in tally erp 9
There is no item category assigned to account
What is sweep account
what do you mean by accrual & due ? What is the difference between Accrual & due?
Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c
What steps would you take before approving an invoice for payment?
golden rules of accounting
Tell me entries to revenues accounts such as service revenues are usually?
In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?