Interested to Buy Any Domain ? << Click Here >> for more details...
what is the meaning of prepaid&accruals in accounting?
- 1 Answers
- 3012 Views
- AFI, I also Faced
- E-Mail Answers
Answer Posted / ahmed
prepaid means The payment is made in advance and will be booking expenses monthly basic.
for example prepaid expenses are rent insurance etc etc
accruals means the expenses for the present month will be effected to the next month
for example salary, electricity,telephone bills
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
input vat, wht use in wct
What qualifications have you achieved?
what is gl a/c? & why is it maintain
plz can some one tel me "The concept of stock holder's equity and paid in capital".
how to geting finished goods cost with included it's all BOM and all production order cost in sap?
What is an interest rate swap
Tell us what inspired you to move to the next opportunity?
ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher
Why current assets Liability said & current Liability Assets said...?at tally ERP9
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
Plz Ask from me New Accounting Questions.
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
