Interested to Buy Any Domain ? << Click Here >> for more details...
What is the treatment you give for the prepaid insurance
created in the year end in the month of April
- 3 Answers
- 6139 Views
- Tax Time, I also Faced
- E-Mail Answers
Answer Posted / mahendra rajput
Prepaid Insurance A/c... Dr.
To, Insurance A/c
And Prepaid Insurance is shown on Assets side in Balance sheet.
And when the time will occur to pay the same, below entry
would be passed.
Insurance Premium A/c... Dr.
To, Prepaid Insurance A/c
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
what is forecast
how to calculate stt
What is Provision for expenses?
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.
give the examples of Error of Duplication?and Error of compensatin? with entries
EXPAND___________INMA
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
Expand--------TOS
Country-Western songs emphasize three basic themes: love, prison and trucks. A survey or the local Country-Western radio station produced the following data: 12 songs about a truck driver who is in love while in prison 2 about people in prison who are not in love and do not drive trucks 8 about people who are out of prison, are not in love, and do not drive a truck 13 about a prisoner in love 28 about a person in love 18 about a truck driver in love 16 about truck drivers who are not in prison 3 about a truck driver in prison who is not in love Find the number of songs about: a) How many songs were surveyed? b) truck drivers? c) prisoners? d) truck drivers in prison? e) people not in prison? f) people not in love?
