Answer Posted / rajni
the difference of the trail balance is transferred to the
suspence account, and the trail balance is thus tallied.
later on, when the errors will be located, they can be
rectified through the Suspence Account. the suspence
account will be eliminated when all errors will be located.
| Is This Answer Correct ? | 13 Yes | 1 No |
Post New Answer View All Answers
what is meant by qurum
What are Mortgage Payment Problems?
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
what is sevice tax? on what service tax is applicable. explain with examples?
describe the most complex challenge that you have faced and how you managed it
Please do tell me about the questions which are asked at BACS FINAL ROUND.
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
What do you mean Business
Expand---------SDRT?
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
what is new updates in account
Please explain a Representative Personal Account.
what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?
you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.
What is Insider Trading ?
