Answer Posted / sunitha

an expenditure which has incuured during the accounting
period but is applicable further period also

"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

1822

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can any one send me tally professional version link

1644

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Why some asset accounts have a credit balance?

1061

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Capital secure should be shown in which side of the balance sheet?

2353

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A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10

2046

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What is the important of computerized accounting to manual?

1130

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Tell me what is an over accrual?

1101

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Hey can any body tell me..What are negative assets?

2079

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A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?

2118

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What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?

8290

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Tell me what is the abbreviation for the accounting terms debit and credit?

1023

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Explain me what makes a successful account manager?

1044

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what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance

1909

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How can i learn shortly Tally from computer coz, i want to take a company Balance Sheet

1887

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What is icai?

1194

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