What is suspence a\c? why it should not transferred to the balance sheet?

4 Answers  

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6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

0 Answers  

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I am going to take interview of some candidate for the position of Accountant. Therefore, I want to know what type of question I shall be ask to the candidates. Please suggest.

1 Answers  

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I m considering BASIC + DA at the time of calculating EPF. Is it the right procedure?

2 Answers  

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Please guide in details about Payroll in Tally.erp9??

0 Answers   Omega,

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what is suspense a/c?

3 Answers   IBM,

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What is differed revenue expendature?

2 Answers   FIC,

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We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?

0 Answers  

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What is the meaning of Journal Voucher? when u have to use this transaction tell me breif?

4 Answers  

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hi i m an mba finance fresher. i need an oppurtunity to grew up my life ambitions. please tell me what are the sources to fulfill it. i got distinction in mba finance in the andhra university campus..please suggest me or show me a way to get an oppurtunity in your companies

1 Answers  

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salaries due for the month of march will be recorded in

5 Answers  

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how pass journal entry in the month ending for input vat and out put vat

0 Answers   Aegis,

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