what is the entry for accrual expense and accrual income.
And how they are treated.
Thanks.
Answer Posted / manoj kumar pramanik
By Expenses a/c dr.
To Expenses Payable a/c cr
By Income Receivable a/c dr.
To Income a/c cr.
Is This Answer Correct ? | 18 Yes | 1 No |
Post New Answer View All Answers
Explain tangible assets?
Why a company or firm should carry out the audit related work.
purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
What is the mean of decommission liability?
for how much loan a borrower has to submit QIS
How does an internal audit differ from an external audit?
What is caro 2004?
i want question papers audit staff selection examination
please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U
Who will audit an auditing firm?
what is the difference you can make by doing your course in the country of your choice
which of the following procedure would auditor lease likely perform in planning a financial statement audit?
Should the duty of creating a purchase order be segregated from the duty of creating a vendor?
A company charity (gross income 250k) wishes to take advantage of the audit exemption regime. However, there is an audit provision in the company's Articles. Should they be required to change the Articles?
what percent of wages calculate from sales of a firm (registered under manufacturing of machinery spares) sales (appr)- RS.10000000/-