Answer Posted / muniraj
Real account is account which states all expenditure like
Salary, Wages, Rent & Electricity bills etc.
The accounting treatment is
Debit all Expenditure & loss
Credit all incomes and gains.
Is This Answer Correct ? | 2 Yes | 15 No |
Post New Answer View All Answers
What is band and why the company needs this?
What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?
What is liabilities and what all does include in current liabilities?
Tell me by saying, perpetual or periodic inventory system; what do we mean?
In accounting, vat abbreviates what?
At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount
I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.
Pass the journal entry: rent outstanding
in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.
what is the minimum & maximum amount paid by company per day
Who owns the general ledger?
What is an operative accounts?
Define overhead in terms of accounting?
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
What is use of statistics in accounting?