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what is accrual prepayment?
Define capital A/c &revenue.
Define golden rules.
meaning of share capital and its entries
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Answer / christopher
Accrual prepayment is also called as prepaid expense.
the expenditure incurred for acquiring a fixed asset or
which result increase the earning capacity of the business
is known as capital expenditure.
The expenditure incurred in course of regular business
transaction of the concern availed during the same
accounting year is known as revenue expenditure.
personnel Debit the receiver
credit the giver
real Debit what comes in
Credit what goes out
Nominal Debit all expenses and losses
Credit all incomes and gains
the shares of the company is hold by the customer is called
share capital
sharecapital a/c
to bank a/c
| Is This Answer Correct ? | 5 Yes | 1 No |
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outstanding expenses, prepaid or unexpired expenses
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sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
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20 Answers Andhra Bank, Bank of Baroda, Canara Bank, Chartered Accountant, Indian Bank,
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Audit 
