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What is an accounting loss?


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More Accounting General Interview Questions

journal

1 Answers   Bank Of America,


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.

0 Answers  


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

1 Answers  


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

2 Answers  


Cheque

2 Answers   Bank Of America, Pioneer,


How is going concern assumption and accounting period convention related?

2 Answers  


What is Contribution?

5 Answers   Capital IQ,


DIFFERNCE BETWEEN RESERVE AND FUND?

2 Answers   Genpact,


If we withdraw cash from OD account, is it contra entry or receipt entry

1 Answers   Zacher Company,


Different ways to Query the Invoices

0 Answers   Accenture,


What are the rules for debit and credit for different accounts to increase the amount in your business accounts?

0 Answers  


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