what is ledger account
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What is the meaning of Contingent Liability? Where is it shown in the Balance Sheet?
where do you get working capital?
Golden rule for Nomianal Account?
Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000
What is bank Reconciliation Statement?
Expand--------RMD
what happens to each of the three financial statements when working capital increases?
Expand---------BTR
how to do the recurring entries or steps to follow that
what is the difference between Purchase order and invoice
Actually we had Posted P.V.C bills to Indian Railway the total bills amount is Rs.10,00,000/-, and government had passed only Rs. 8,00,000/- and gov. had said that there are no more P.V.c bills are lying outstanding in their a/c, so for now are claiming Rs. 2,00,000/- as loss on sale, i m totally confused what would be the impact on the Profit and loss a/c , and in which group it will come,if I do a entry of:- dr. Central sale @12.5% a/c Rs.2,00,00/- Cr. Loss on sale a/c Rs.2,00,000/- or Will i adjust the Cst@12.5% on Pricipal Value, or will i pass on the entry on total amount i.e Rs.2,00,00/- Plz guide,me soon.
what is hard currince