Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Outstanding Income & Advance income - Will it be shown in
P&L..? In b/s which side, it will be shown..?

Answer Posted / vishwas

Outstading income & Advance income will not reflectin P&L
A/c.

We will show Advance income on Current Liabilitie side.
We will show outstading income on Current Assets.

Is This Answer Correct ?    31 Yes 9 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

2358


Explain some of the accrued expenses and the accounts in which you would record them?

1073


What does the abbreviation m mean in accounting?

1111


Tell us what inspired you to move to the next opportunity?

1043


Tell me the types of accounts involved in double entry book-keeping?

1096


What are assets minus liabilities?

1032


What information is included in a bill for services?

1003


i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.

1875


Which steps in Procurement to Pay process does FI documents get created.

2108


Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00

2139


I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.

2122


what is your opinion regarding T.V shows on youth

2712


what is contribution? how does it help in taking managerial decisions?

1961


what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......

2122


Please give me as example of service tax & Vat Posting through Tally.

2142