Answer Posted / christopher

Accrual prepayment is also called as prepaid expense.


the expenditure incurred for acquiring a fixed asset or
which result increase the earning capacity of the business
is known as capital expenditure.

The expenditure incurred in course of regular business
transaction of the concern availed during the same
accounting year is known as revenue expenditure.

personnel Debit the receiver
credit the giver

real Debit what comes in
Credit what goes out

Nominal Debit all expenses and losses
Credit all incomes and gains


the shares of the company is hold by the customer is called
share capital


sharecapital a/c
to bank a/c

I want to know with example of vat & Salestax

2325

---

When we are raised a interstate invoice then which type invoice we are raised

1879

---

recently release the 6.0 version not succede in the market why?

1988

---

Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER

2287

---

Office cash was stolen? state whether the following transcation is business transcation or non business transcation?

1987

---

What are different types of reports made in tally

2343

---

why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

2449

---

What is Analysing

2166

---

in which group under we will open donation and hamali weekly payment account or ledger

2036

---

What do you know about hyd? Tell something about hyd?

2274

---

how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.

1956

---

What is Provision for expenses?

2264

---

Short Answer on ______Amortization

2078

---

fiscal year variant Vs posting period variant

2109

---

Short answer on Allowances

1975

---