Answer / ravishankar

for Expenses: Profit and loss a/c Dr
TO Expenses
for Incomes: Incomes a/c Dr
To profit and loss a/c
for assets&: Liabilities transferred to Balance sheet

How the Entry passed for Loss of Payment

0 Answers  

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Tell me what is public accounting?

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what is the realtime work and process on provident fund(pf) as accountant?

1 Answers  

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What is Reserve & Surplus? Plz give me with some Example.

10 Answers   Bank Of India, Genpact, iGate,

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Purchase and sales sahres accounting entry which have stt brokerage and other taxes

0 Answers  

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In Individual Accounting Capital comes under which head?

4 Answers   Infosys,

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I have an interview in a software company for the post of Functional test engineer. They want the person from bcom Back ground( i am a bcome graduate 2006) and the person Should have good accounts knowledge. Now i want to know What kinds of questions they can ask or can give in written Test. I m nervous coz its been 5 years i have done bcom. So How shud i prepare for interview.Please help?

0 Answers   Manufacturing, STG,

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Tell me what are the activities that includes in cash flow statement?

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What is mis report , how to prepare mis report for general ledger?

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what is vendor setup?why it is required in accounts payable process?

1 Answers   Cap Gemini,

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what is a financial statement

2 Answers  

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how many types excise audits and when they are applicable to firm

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