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Answer Posted / kishore g
It is a managerial technique of planning capital expenditure
of a company efeciently.
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"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.
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Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?
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Follow up ageing balances of Debtors & Creditors and also Inventory
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