Interested to Buy Any Domain ? << Click Here >> for more details...
Name some errors which are not disclosed by trial balance
- 6 Answers
- 31130 Views
- I also Faced
- E-Mail Answers
Answer Posted / rahul
Error of Principal- Error at the time of posting the JV
Error of Omission - Not recording the JV in books of accounts
Compensating error - to rectify one error another wrong JV
is posted in books of accounts
Error of Commission- Wrong amounted recorded will booking
the JV.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
Expand CASA
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
What is Risk Assessment?
Can anyone mail journal entries for me? my Mail id rukmini@live.in
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
what is the meaning of input vat & out put vat?
1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?
barwaha
EXPAND___________NAA
in a every intervew asking one common question why you are living current employer, which is the best answer
what are the financial ratios that a manager see in accounting?
what is the meaning of Processing Vendor/Employee payments
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
what happens to each of the three primary financial statements when capital expenditures decrease?
