Answer Posted / d.mahaboobi

It is a statement reconciling the balance as shown by the bank pass book and balance shown by the cash book.

Who created snapit accounting?

1067

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Tell us what is your proudest accomplishment?

1089

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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

1496

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What is dividend warrants?

1102

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What is the difference between accumulated depreciation and depreciation expense?

1131

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example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.

2138

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Tell me the stages of double entry system?

1001

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How do I record a prior year property tax refund on sale of asset due to overvaluation

1419

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Define executive accounting?

1142

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i want to know f form and how to use and how can purchase

1830

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we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.

2075

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Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?

2118

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Where do we create House banks and what is the process in sap fico

1444

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what is addition of Opening Balance and net profit transfered from profit and loss account called

1883

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Who owns the general ledger?

1006

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