Answer Posted / naga lakshmi

contra entry means it is both cash&bank transactions.
example:1)cash deposited into bank
2)cash withdrawn from bank

Tell me what are things will not be included in bank reconciliation statement?

1088

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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

2068

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How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??

5321

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hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..

1980

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Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?

3657

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how will rectify the error in trial balance.

1920

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saji become insolvant -what is journal entry

1694

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What are the advantages & disadvantages of double entry system?

1142

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What are mis reports and how do you prepare it?

971

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What are the various systems of accounting? Explain them.

941

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Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

1850

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What does overhead mean in regards to accounting?

1038

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How many invoices on average do you handle on a weekly/monthly basis?

1178

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what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.

1773

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How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500

40234

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