What is a accounts? and why have u prepare Accounts only one
methods ?have a possible a different pattern?
- 5 Answers
- 5896 Views
- I also Faced
- E-Mail Answers
Answer Posted / srikanthi singireddy
accounts are dealt with financial transactions of firm , so
if they keep on chnaging it would be difficult for the
organisations to maintian or come toa conclusion whether
the firm acquired profits or losses. so they do not prefer
chaging in accounts pattren.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
what is the journal entry for gas connection taken by company for preparing tea and coffee.
What are the different branches of accounting?
What are the nine accounting cycles?
Mention whether the account "cash" will be credited or debited when a company pays a bill?
What is dd and a in oil and gas accounting?
how to pass journal entries for reverse tax on input tax paid
What is an Automatic Payment Program ?
What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings
What is an adjusting journal entry?
Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss
What are mis reports and do you prepare it?
how many types of currencies are there in oracle r12
How to prepare finalization accounts?
What do you mean by Bill of Exchnage.How to manage ? Explain
