what are the payroll procedures?
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wat is the online accounting ?please explain this?
Why Copyrights,patents,goodwill etc.etc. falls under real account and not nominal or personal account? I know anything which affect trading & Profit & Loss accounts are nominal accounts.And the above do not affect the Trading or P/L accounts but on the other hand they are intangible and neither can they fall under real accounts as Real accounts are those that are not personal and they are tangible. Again in another way if we see, Patents, Copyright ,Goodwill etc. etc. kindoff acts as a representative of a person or a company like in the same way as a Bank or Company name,so they can they not fall under Personal Account??
why Balance sheet tally, why the Liabilities and Assets will always equal.(for a business man how does it helpful, if liabilities and assets are equal)????? Hope I will get the accurate answer Thanks in Advance.
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