Answer Posted / debdeep

All prepaid and outstanding expenses and all advance and accrued incomes/revenues treated under representative personal account.

ex:o/s salaries,prepaid salaries

ex:advance interest,accrued salaries.

Tell me what a deferred asset is and give an example?

1093

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Cash bill of sale so the company can deduct the amount.

2018

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hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?

2285

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What are control ledgers? What are the purposes of maintaining it?

1115

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what is payment written

2005

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What is an accounting transaction?

1083

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Which accounting applications are your familiar with?

965

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What does a demo/presentation need to be effective?

914

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Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?

1677

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Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%

1759

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Explain what is accrual accounting?

1024

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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.

2163

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Tell me how much statistics knowledge is necessary or required in accounting?

3951

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how many types excise audits and when they are applicable to firm

2051

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Tell me the meaning of long-term notes payable is or long term liabilities?

1090

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