Answer Posted / santosh

bank a/c comes under personal account (becouse it deals with
individual transaction)

Differentiate accounting and auditing?

663

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how to enter the tender refund amount in tally ?

3381

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What is a business transaction in accounting?

650

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Tell me what is the abbreviation for the accounting terms debit and credit?

580

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Into which account do we close the revaluation account balance during the winding up of a company?

1501

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saji become insolvant -what is journal entry

1265

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entry for cash received from debtors

1153

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Explain what is account receivable?

631

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Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

1837

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under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent

1700

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Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

1745

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What are the columns of a journal?

680

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capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1102

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What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%

1166

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I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.

1655

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