Interested to Buy Any Domain ? << Click Here >> for more details...
why don't we take cash and bank accounts into realisation
a/c
- 4 Answers
- 15759 Views
- I also Faced
- E-Mail Answers
Answer Posted / deepak n. kolekar
Because, We consider cash and bank A/c as a curent account
in the balance sheet. Cash or Bank cannot be revalued and
more fluctuating current assets than any other which could
not transferred with a steady fixed amount.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
Explain what is the disadvantage of double entry system?
Explain the concept of responsibility accounting
Tell us what do you believe should be an important quality of an account executive?
IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
List out some of the accrued expenses and the accounts in which you would record them?
Who owns the general ledger?
what is accounting cycle ?
Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-
How to calculate Gratuity & when it's applicable to employee after three years or Five years?...
Tell me why some asset accounts have a credit balance?
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
Tell me how can you define departmental accounting?
What do we mean by Redemption of shares and debentures?
