Answer Posted / rajesh

Salaries A/c Dr
PF & ESI to be paid A/c Cr
(being amount debited for salries account)

PF & ESI to be paid A/c Dr
Bank / Cash A/c Cr.

During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

1725

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dear i want basic a\C's oriented question. these are asking in mostly all mnc companies

2001

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Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????

1503

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how pass journal entry in the month ending for input vat and out put vat

2307

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Explain different branches of accounting?

1366

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what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?

4367

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What is meant by calendar maintenance?

1204

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Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

2396

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HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

2104

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What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?

3523

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Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?

2860

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what is difference between budgeting and Forecasting

1755

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why we multiply no. of purchasing year with average profit

2063

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Revenue Expenditure

2175

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After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?

1834

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