Answer Posted / bhushan

As per the matching principal of the accounts only those
expenses which are related to earn the revenue are debited
to the trading & profit and loss account, so that we can
arrive at the accurate profit or loss figure. And as the
purchase of material is debited to the trading account we
need to separte the material cost which does not match to
the revenue during the year hence we put the closing stock
which is not utilised yet to earn the revenue and will be
utilised in the future.Thats why we always put the closing
stock fugure to the credit side of Trading & P&L a/c

What is an Automatic Payment Program ?

2115

---

What are trade bills?

1170

---

What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?

1541

---

HP EMPLOYYES - If any one in HP company, Please give refernce for attend the Accounting Job in chennai,Bpo- chetpet.If any one Worked there Please,Send mail to me Umaiyo@gmail.com.I have 1 year exp in banking sector, & 8 months exp in accounting in SIEMENS, at present I'm searching for a job.If any person see this mail,Kindly send mail to me. Thank U Friend.

2025

---

Please explain the difference between provision and reserve?

1005

---

how many types excise audits and when they are applicable to firm

2070

---

what is the D.V.T. rate from 1/10/2009

1998

---

Horizontal balance sheet versus Vertical balance sheet

2221

---

EXPLAIN EACH SECTION PROVISIONS ON TDS?

1837

---

Tell me different branches of accounting?

1031

---

we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?

2043

---

Define depreciation and its types?

1098

---

what is the enty for contract bill raised?

2416

---

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.

2121

---

What are the reasons which cause pass book of the bank and your bank book not tally?

985

---