Answer Posted / deep
All expenses are debit.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
What is a ledger in regards to accounting?
What is cost accountancy? What are the objects of cost accountancy?
what is the Journal entry for credit card bill paid from same bank account
What is departmental accounting? Give an example
How much mathematics knowledge is necessary or required in accounting?
Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time
Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income
what is the meaning of written-off as goodwill written-off
under which ledger should i make opening work in progess and closing work in progress
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).
what is debit balance report in SAP?. how do you describe DB report in brief.
Spinoff,Spelloff
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?