Answer Posted / murali royal

Trail Balance sheet: It is statement which contains all ledger
account balances.

So here closing stock is not a ledger account. So it won't
appear in trail balance. It always comes under adjustments
It has two fold effect
1. We have to show at credit side of Trading account
2. we have show as current asset at asset side in balance
sheet

How can i do the entry of of service tax in tally.

2185

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what is the cost and financial accounting? what is double entry system ?

2174

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what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

2290

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Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1927

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Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet

2139

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What is deffered income

2359

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Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?

2058

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Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance

2065

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why gross profit transfering to profit & loss account

4365

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i have working in contruction company i want billing outside delhi pls. tell me can i bill with tax invoice party provide tin no.

2126

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Mention some of the major contributions made by you in your present and previous jobs

6211

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Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry

2108

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What is Insider Trading ?

2309

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please specify some books name in preparing a bank exam apttirutude questions

2082

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what is mean by traditional accounting ?

2470

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