Answer / arjun negi

Credit balance becouse it is compny's liabilty to pay back to the shareholdrs due to separate accounting entity concept.

Answer / vignesh

reserve fund it just a book entry money would not go out
from business. It shows debit balance in trial balance

Why do we transfer all indirect exp. in P&L A/c by journal Entries in Tally.

2 Answers  

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Company purchase software what is the journal entry or software a/c under which department in tally

1 Answers   Godrej,

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what is Bank Reconciliation Statement (BRS) give detailed explanation with causes?

1 Answers  

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pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

0 Answers   Marketing Sales,

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Are you comfortable with cold-calling?

0 Answers  

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what is red ink interest

1 Answers   ICAI, NTTF Nettur Technical Training Foundation, Wipro,

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What is trail balance

5 Answers  

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Please provide me the entire format of P.F. & ESI

0 Answers   Logistics,

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What is the difference between capital expenditure & revenue expenditure

2 Answers  

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under which ledger should i make opening work in progess and closing work in progress

0 Answers  

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HOW WE TREAT WITH LAST YEAR PROVISION LIKE PROVISION FOR BED DEBTS AND DISCOUNT ON DEBTORS PLEASE MAKE A PROPER ENTRY.

1 Answers  

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vijay sir, Pls, tell me what's the difference of school fees and tution's fees.pls. explain briefly.

1 Answers  

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