Answer Posted / deepti
Firstly make the journal entry for all transaction, then
posted it to relevant ledger, then for accuracy check
prepare trial Balance,then take the cash and bank balance
from the Cash book and bank statement and prepare the BRS,
Party ledger reconciliation, And from that we can get the
debtors and creditors figure, and the make the necessary
adjustment entries and calculate the stock amt, Outstanding
and prepaid amount then finally prepare the trading, profit
and loss and Balance sheet.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
How do we calculate the cost of investment?
What is the disadvantage of double entry system?
Company XYZ split 5:1 on June 30, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 5,000 $75.00 5000 April 23, 2009 $72.00 7,500 $72.00 7500 March 31, 2009 $67.00 135 $67.00 135 March 31, 2008 $275.00 531 $55 2755 November 30, 2007 $233.00 266 $46.6 1330 October 6, 2006 $1,333.00 10 $266 50
Tell me what is trial balance in accounting?
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
what is difference among credit, loan, advance
Debit Card Come Under Which group in Tally 9?
Explain which accounting application you prefer most and why?
What do you think is a bank reconciliation statement?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
What does the abbreviation dr mean in accounting?
In accounting, vat abbreviates what?
Is push down accounting accepted under generally accepted accounting standards?
If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B
What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.
