Answer Posted / radhika

Ok Mr.Satyaki send me the answer.

But I will give you the answer. If it is wrong please
correct me.

See outstanding amount may be Asset or Liability.

So, Closing entry would be:

Outstanding amt from the party may be closed by:
Bank A/c............. Dr.
Amount outstanding......... Cr.

Outstanding amt to the party may be closed by:
Amount outstanding...... Dr.
Bank / Cash A/c ......... cr.

What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.

1183

---

Who to create a budget on software company

2244

---

Expand---------EDP

2534

---

joint venture?

2268

---

Short Answer on ________Ad-Valorem Duties

2029

---

what are the differences between Tally and Focus?

7987

---

What is contract accounting?

2390

---

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 ?

1952

---

1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?

1729

---

EXPAND___________IMA

2136

---

What is the difference between Risk, Threat & Hazard?

2149

---

Is advance paid wages has credit balance?

1716

---

what do Loan Loss Coverage Ratio mens describe it with examples?

2268

---

how to check which item is sold by the sundry debtors in tally?

2198

---

what is debit/credit note ? what deffered income and expencess?

2852

---