Answer Posted / kalukuwa happy
its an account that opened when correcting errors(mistakes)
in the trial balance e.g wrong entry book of prime entries
and this could be errors of principl,complete
reversal,commission,etc
Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
Explain me what is assets minus liabilities?
How much mathematics knowledge is necessary or required in accounting?
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?
if my salary is 12000 per month how much i will get after deducting PF an ESI
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
How P/E ratio usefull to the different people?
formula of reduction in tax credit of vat form 201(gujarat)
Is the shadow balance present in bank account always credited or bank may reverse it as well?
What is difference between Cash Flow and fund flow
How do I record a prior year property tax refund on sale of asset due to overvaluation
What is use of statistics in accounting?
Explain accounting 101?
were you happy with the grades you achieved at a-level?
What is the equation for acid-test ratio in accounting?