What is the entry for closing stock value reduction?

0 Answers   ICICI, ICS Integrated Computer Solutions,

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What is the meaning of summarizing?

1 Answers  

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Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

0 Answers  

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How to calculate Gratuity & when it's applicable to employee after three years or Five years?...

0 Answers  

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what is the differences between quality assurance and quality improvements?

1 Answers  

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pl. tel me what is the entry for this transaction 1)i deposited rs.10,000 t/w. dealer ship deposit 2)the goodwill amount 1 lakh brought by raju was appoprtioned and paid to the existing parteners eswar,mahesh,ravi as per their sharing ratios 38% , 24%, 38%

1 Answers  

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Wha is difference between expenses and expenditure

0 Answers   Alshaya,

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my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???

0 Answers   TAFE,

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What are recent changes in Service Tax Reverse Charge by Budget 2012?

2 Answers   DMRC,

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how to account pre incorporation expenses

4 Answers   Nestle,

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want to know the questions and answers frequently asking in banks at the time of interview for any cadre

0 Answers  

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How to make balance sheet, please advise me in details... Thankx

1 Answers  

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