Answer Posted / shailaja
balancesheet and profit and loss a/c can be prepared with
the transactions,all d transactions are written in jounal
entires and tht entires are helpful to prepare leger a/c
after leger accounts we have to prepare the trial balance
it is the final step of accounting process by the result of
trail balance we can prepare p & l a/c and balance sheet.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent
what is subscription order
Tell me what is accrual accounting?
What are the different fields of accounting?
what is consumer product accoutning?
How do I charge bank charges on payments to clients
Explain in simple terms what is the difference between asset, equity, and liabilities?
Explain me fair value accounting?
What is use of statistics in accounting?
Do you know what is liabilities and what all does include in current liabilities?
I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?
1. Why do wish to study in canada in the program for which you have been accepted? 2. What is your overall education goal? 3. Why are you pursuing a similar program in your country of residence/citizenship? 4. What research have you done into studies in your country of residence/citizenship? 5. How will this program enchance your employment opportunities in your country of residence? please send me all possible answer i hope your answer will help me a lot...
Tell me what are things will not be included in bank reconciliation statement?