Distinguish between Profit and Loss Account and Profit and Loss Appropriation Account.

4 Answers   Genpact,

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what is insurance? And Type of insurance?

3 Answers  

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Tell me why some asset accounts have a credit balance?

0 Answers  

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what is difference between rebate and discount? generally in bill of exchange accounting

1 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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Credit Limit enhanced the Bank 10Cr to 15 Cr How to post the entry in accounting books

1 Answers  

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Which group shuold be for custom duty?

2 Answers  

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please explain briefly about account receivables and payables

2 Answers   Siemens, Wipro,

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vat will be charged on any type of transportation ?

1 Answers  

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differ the revenue expenditure and capital expenditure

1 Answers  

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ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10

0 Answers   ABC,

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ten example of direct income

1 Answers   Genpact, HCL,

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