Vehicle repairs were made on the insured vehicle Rs 25000/- on 20-1-2009. Insurance claim for Rs23000/- was received on 1-2-2009. Pass entries for both the occassions

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Expand--------MDC

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kindly given the example of contingent liabilities.

1 Answers   Harsha Toyota,

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Hi all i did my M.B.A financ enw iam doing a job as a finance executive but i feel it is not good 4 me can any 1 plz guide me 4 the better career my job profile is (INVOICING)hw it is help me out 4 the better career shell i continu ein the same 1 by learning sap or oracle or shall i shift to any other if any other which job is suites to me plz suggest me

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What is Suspense A/c?

15 Answers   Access, Mafoi,

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libilities accounts come under what type of accounts(under real, nominal or personal) if its nominal, generally nominal will not come in balance sheet, why we shown in balance shhet?

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lis and explain the parties involved when a cheque is issued

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EXPAND___________NOC

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What is the nature of Bills Receivable account, I mean is it a real account or personal a/c?

11 Answers  

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What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?

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EXPAND___________MLM

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Expand---------TRSP

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