what Trial Balance? state the difference bewtten Gross Trail
balance & Net trail Balance?
Answer Posted / pankaj srivastava
Gross trial Balance perpared with opening balance
Opening Dr opeining Credit , Closing Dr Clsoing Cr
while Net Trial Balance contais only Closing Balances.
| Is This Answer Correct ? | 19 Yes | 3 No |
Post New Answer View All Answers
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
where is suspense entry is entered in tally erp9
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
What do you think you do well?
what is purchase consideration? How does it come about and how is it treated in the books?
How can retify the errors in the trial balance
Is advance paid wages has credit balance?
Expand-------------BRTS
pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com
to attend interview for real estate company accounts
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
EXPAND______________IARCS
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry