If I purchase and sale of goods at same price then effect in
trading, P & L A/c
Answer Posted / manoj s
In trading and profit and loss a/c you'll ve a loss...
| Is This Answer Correct ? | 3 Yes | 6 No |
Post New Answer View All Answers
Define bills receivable?
You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically
we had company we provide work others they deducted tds how to pass entries in my company please tell me
Tell me which accounting application you prefer most and why?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
What is accounting normalization?
if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?
Tell us how can you define departmental accounting?
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
Tell me what are things will not be included in bank reconciliation statement?
Tell me in which account does the unpresented cheque will get recorded?
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
What is the basic accounting equation?