Answer Posted / paresh vartak
Deffered Liablity is that liability which is not covered
sum of expenses for 1 years it is divided into usage.
Is This Answer Correct ? | 0 Yes | 4 No |
Post New Answer View All Answers
What is the definition of accounting?
What steps would you take before approving an invoice for payment?
how many times we can deposit the old currency in one a/c in the bank
in Tally what is cost cenre,cost categori and why we need to prepare them
What information is included in a bill for services?
dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?
what is the difference between accounting and bookkeeping?
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
what is the new rate of c.s.t in uttraklhand
What is the difference between Accruals and Provisions?
I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan
Entries to revenues accounts such as service revenues are usually?
Explain which account is responsible for interest payable?
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
How does Cheques work while processing it in SAP? What are the effects and the methods.