Wha is difference between expenses and expenditure

0 Answers   Alshaya,

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Mention whether the account "cash" will be credited or debited when a company pays a bill?

0 Answers  

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how to calculate forefeiture of share when over subcription

0 Answers  

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credit rating

1 Answers  

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what is addition of Opening Balance and net profit transfered from profit and loss account called

0 Answers  

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what is meant by debit and credit

4 Answers  

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Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 4) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

2 Answers  

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what is revenue recognition rule, and can you specify the answer.

0 Answers   Consero Global,

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i, transfer to capital redemption reserve is not allowed from A, GENERAL RESERVE B, PROFIT PRIOR TO INCORPARATION C, RESERVE FUND D, NONE OF THE ABOVE

1 Answers  

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We purchased packing material against H form condition, without Sales Tax, Now against we want issue C form to party with payment of CST 2%, C form issue only Basic amount, or including CST amount?

1 Answers   Wipro,

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Tell us what is the abbreviation for the accounting terms debit and credit?

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Why t account is called as t account

1 Answers  

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