Answer Posted / chandu
accured account means transaction occured when they are paid/received are accrued.
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
what are the voucher entries in tally for medical insurance
Mention in simple terms what is the difference between asset, equity, and liabilities?
What are mis reports and how do you prepare it?
How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??
Tell me what is gaap?
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
As you know excellent communication skills are at the core of this position. Do you have experience with interpersonal communication in a professional setting?
Do you think accounting standards are mandatory and why?
What is batch input? why we use batch input session in SAP(FICO)?
What's the accounting entry when an Invoice is created in AR?
What is a comprehensive income?
in terms of accounting the trial balance when is it taken?
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
Tell us what is your proudest accomplishment?
