Answer Posted / gopi
it means every year we have to add the accumulated interest
to the total principle amount, then we again we have to
calculate the ineterst for that year.
| Is This Answer Correct ? | 11 Yes | 2 No |
Post New Answer View All Answers
Do you know any other accounting application?
Describe the proof of cash type of bank reconciliation?
Follow up ageing balances of Debtors & Creditors and also Inventory
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
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 are the different fields of accounting?
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
what will be the entry for inventory
Did you use accounting applications at your previous companies or prefer working manually??
Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
Unrealised profit will be debited to ?
Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?
Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
plz can some one tel me "The concept of stock holder's equity and paid in capital".