What is an accounting loss?
No Answer is Posted For this Question
Be the First to Post Answer
journal
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.
can anyone help in service tax part if we give a service on credit basis (Credit invoice) how should we pay service tax on invoice basis or reciept basis
What is the entry for bad debts recovered
10 Answers Core Logic, Libra International,
WHY DON'T WE TAKE BANK AND CASH ACCOUNTS INTO REALISATION
Cheque
2 Answers Bank Of America, Pioneer,
How is going concern assumption and accounting period convention related?
What is Contribution?
DIFFERNCE BETWEEN RESERVE AND FUND?
If we withdraw cash from OD account, is it contra entry or receipt entry
Different ways to Query the Invoices
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?