Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / yash
MAKE A TRIAL BALANCE AND POSTED ALL ENTRIES ACCORDING DR.
OR CR. AND FIRST MAKE A TRADING A/C AND P&L A/C THEN AFTER
PROFIT OR LOSS WHO IS RECEIVED TRANSFER IN THE CAPITAL A/C
AND PREPARE A BALANCE SHEET ACCORDING TO TRIAL BALANCE ONE
SIDE LIABILITIES AND OTHER SIDE ASSETS
U CAN TRY AND U MAKE IT
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
what are the steps for the payment cycle of the firm or company?
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
whether bills of exchnge can come under the category of reserves and surplus
Define tally accounting
explain the relevance of closing stock account in trading a/c when preparing the gross profit?
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
What is meant by public accounting?
If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
What is the entry for provision?
Tell us do you possess any knowledge about accounting standards?
Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales
in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.
