Answer Posted / prem

bank charges A/c dr ****
To bank A/c ****
(here the cash is not going through our hands,the banker is
going to deduct it from our account,so we need to less the
bank balance by crediting it,and by debiting bank charges.)

bank A/c dr ****
To interest A/c ****
(we are not receiving interest in form of cash from the
banker,simply he is going to credit the interest part to
our account.we are going to debit our bank balance to the
extent of interest part.we should not treat it as cash
receipt unless and until we realised it)

Tell me what do you think is bank reconciliation statement?

1131

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Under Accrual Accounting, How Are Worker Comp Premiums Handled?

1122

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Can you name any other accounting application?

1136

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Private purchases amounting to rs 5000 have been debited to purchases account

1502

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what is opening stock formula?

1607

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Is an "account receivable" and "goodwill" real accounts in accounting?

988

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HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM

2398

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How many types of business transactions are there in accounting?

1092

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WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13964

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What is accounting

4593

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What is control in accounting?

1039

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What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?

1648

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Tell me whether the account “cash” will be credited or debited, when a company pays a bill?

1071

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if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3778

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Revenue Expenditure

2143

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