Answer Posted / s
CLOSING OF ENTRIES AT THE END OF THE FINALCIAL YEAR AND PREPARATION OF PROFIT AND LOSS ACCOUNT AND BALANCE SHEET IN A VIEW TO KNOW THE PROFIT OR LOSS AND FINANCIAL STATUS OF THE ORGANIZATION IS CALLED FINALIZATION OF ACCOUNTS.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
when receieve cheque from a party and we deposite cheque in bank how do this entry
what's the difference between impress cash account and petty cash account
Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs
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
What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?
on what rate depreciation will be calculated?
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
Tell me the types of accounts involved in double entry book-keeping?
a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?
i want to know f form and how to use and how can purchase
what is account reconcillation
sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?
a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry
Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
What was your most complicated sales cycle in past positions?