Answer / naresh

Limited Liability Partnership

what will be the journal entry-discount rs 2000 allowed to mr x.and discount received rs 2000 from mr x.actually i am confused that in the first entry both discount a/c and mr x a/c will be credited as per the accounting standards.please help experts.thanks

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how to select afile in window vista

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adjustment entry showing in tally such as outstanding salary prepaid salary etc.

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Topic contra entry; How to post cash withdrawn from bank for office work? the journals to be passed?

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Why we do depreciation?What is the main object of Depreciation?

6 Answers   Capital IQ,

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Home furniture sold goods to Jhon for 150000 on 10th march 2015, due to damage occured in transmit rs 20000 worth of goods have been returned on 16th march 2015. What is the journal entry for both the instances ?

2 Answers   NA,

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What is accounting ethics?

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what is the three basic rule of journel

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Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

4 Answers  

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What are the different fields of accounting?

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What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?

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journal entry for prepaid insurance and salary outstanding

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