Difference between outstanding income and accrued income?

8 Answers  

---

in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice

1 Answers  

---

What is the criteria to calculate GDP growth?

1 Answers  

---

formula for Net profit and net loss?

2 Answers   Globe 2000 LLC,

---

What is peach tree accounting?

0 Answers  

---

What are the disadvantages of manual accounting?

0 Answers  

---

Which steps in Procurement to Pay process does FI documents get created.

0 Answers  

---

salary payable deduct tds entry

0 Answers   Matrix Adhesive Incorporation,

---

"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.

0 Answers   Infosys,

---

Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm

0 Answers   ABB,

---

what is the difference between journal entry and journal voucher

3 Answers  

---

what are different inventory and stock.

1 Answers  

---