Answer Posted / kannan

Provision is the allocation of amount to be made for expenses incurred in future, it should be write-off once amount made.

Reserve is the portion of earing to meet the eventual loss

WHY U HAVE CHOOSE ICWA WHY NOT CA

2276

---

What are the steps to take before you approve an invoice for payment?

1105

---

If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet

2385

---

sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?

2021

---

all ques. related to accounts?

2115

---

if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.

2373

---

What do we mean by purchase return in accounting?

1032

---

why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason

1495

---

The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

1726

---

how do made in finalization

1988

---

my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz

1255

---

How to pass an general entry for materials which are stored in warehouses??????

2233

---

Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.

1850

---

what is the relationship between bookkeeping and accounting?

966

---

Define offset accounting?

1010

---