Interested to Buy Any Domain ? << Click Here >> for more details...
Purchase bills of the previouse year received in financial
year explain treatment.
- 3 Answers
- 8401 Views
- I also Faced
- E-Mail Answers
Answer Posted / saji
The purchase bill entry must be brought forward in the
balance sheet of the previous year. the same should be
nullified in the current year balance sheet by reverse entry
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
Expand SCERT
What is the journal entry for Call and a Put option both in the books of buyer and seller
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
i want the difference p&l a/c and Income and expediture statement
What is the Accounts Payable & Accounts Receivable ?
EXPAND___________INMA
I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK
What are Mortgage Payment Problems?
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?
If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.
explain the difference between LIFO and FIFO?
