what is the process of correcting the balance sheet of the company?if the balance of balance sheet are not equal.

1 Answers   HDFC,

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why profit is a liability and loss is an asset?

5 Answers  

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Explain me do you think accounting standards are mandatory and why?

0 Answers  

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1. ABC Pvt. Ltd acquired the right to publish a book entitled “Accountancy easy” From Writer at a royalty of Rs. 20 per copy of the book sold. The minimum rent was fixed at Rs. 30,000 per year. It was agreed, that the short workings of any year can be recouped with in 2 years immediately following the year in which short workings occurred. The no. of copies sold during the five years was as following: 1. 1st year -1000 2. 2nd year -1400 3. 3rd year -1800 4. 4th year -3000 5. 5th year -1200 Show royalties account in the books of the publisher.

1 Answers   Accounting,

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Why we debit expenses and credit incomes ?

0 Answers  

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WHAT IS OPERATING CYCLE?

0 Answers  

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calculations of pf

1 Answers  

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Time limit for payment of divident for listed limited companies & Unlisted public limited companies are? 30 or 45 or 60 or 90

0 Answers   UPSC,

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What do you mean by trial balance?

5 Answers  

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genteral interview question for accounting

2 Answers   Capital IQ,

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WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?

0 Answers  

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what is the difference between "reserve" and "fund"

1 Answers  

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