What are premises in accounting sense? What is vat adjustment?

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Name three (3) fixed-income security types

2 Answers  

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My company has taken a car loan from HDFC Bank, Assume 7.5 lacs. but it disbursed after deducted adv emi. how to pass the jv for that . Plz pass the entry

6 Answers   ABC,

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GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?

0 Answers   IBM,

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What is the below line item and above line item and where this terminology is used?

2 Answers  

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what is the entry pass of prepaid expense & o/s expenses?

3 Answers  

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Explain fictitious assets?

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process for creating a balance sheet

4 Answers  

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in what circumstances it is mandatory to calculate the goodwill.

0 Answers  

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what is meant by spin-off

2 Answers   Genpact,

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Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?

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What is "deposit in transit"?

0 Answers  

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