Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / surendra
ledger balance mean dr. balance or cr. balance if the person
give extra amt so.cr. balance if the amt outstanding so. dr.
balance
| Is This Answer Correct ? | 10 Yes | 1 No |
Post New Answer View All Answers
How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
what is the entry of credit card received excess amount entry in tally and their under group names
I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.
What is the definition of manual accounting?
How to post salary advance transfer from one branch to another branch ?
What is peach tree accounting?
Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?
If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details
What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.
in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.
when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions
