Answer Posted / giri

Debit Rs.10000 and credit Rs.1000 to P&L a/c and in balance
sheet laibilities side Rs.1000 to be shown as unpaid
salaries.

sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?

2128

---

What is the abbreviation for the accounting terms debit and credit?

1062

---

Tell us why did you select accounting as your profession?

1120

---

What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).

1955

---

Explain an example of a tough decision you had to make quickly?

1085

---

What do you mean by gaap in accounting?

1113

---

What is cost accountancy?

1339

---

Tell me what do you think is bank reconciliation statement?

1166

---

i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive

1536

---

A loan of 10000 with 10% interest is fully due after 6 month. What will accrue differed, outstanding?

2270

---

What is depreciation and how many types are there. Please give details?

1203

---

Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c

1583

---

Please guide in details about Payroll in Tally.erp9??

2309

---

Tell me do you think accounting standards are mandatory and why?

1213

---

on the basis accounting,acounting is divided in to how many classes and what are they?

1805

---