what are important steps to take during the conversion of
an accounting system?
Answers were Sorted based on User's Feedback
Answer / anil
before all the accounts taking up of the company first the last year balances has to transfer to the present year and alla the assets have to note down in assets side and liabilities have to shown in liabilities side and any outstandings of the company have to add and any payments has done deduct the amounts and if any balance is left of that year again transfer that balance to the next year
Is This Answer Correct ? | 7 Yes | 1 No |
Answer / anil
before all the accounts taking up of the company first the last year balances has to transfer to the present year and alla the assets have to note down in assets side and liabilities have to shown in liabilities side and any outstandings of the company have to add and any payments has done deduct the amounts and if any balance is left of that year again transfer that balance to the next year
Is This Answer Correct ? | 1 Yes | 0 No |
What is the working formula for Debt Equity ratio
Cheque is a----------negotiable instrument
expand--------HNSS
what is purchase consideration?
what is the diff between CASH CREDIT limit & margin.
type of reconciliation?
what is vat sett off? service tax?
EXPAND_________VRD
A borrower pays $1000 towards the late payment penalty to a bank A pass the necessary journal entry
Expand---------RSTB
Expand-------CRDN
Salry pai dto Sharma debited to Sharma account is it correct.If not correct rectify it