Answer Posted / tripti sen

loan is a liability it should be paid with interest .but investment is a assets it should be get back with interest.

please explain all accounting concepts n conventions in detail

2041

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Define social responsibility accounting

1056

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Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

2026

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what are the disadvantages of back-flush accounting?

1048

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What do you find most satisfying about this job?

1055

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Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

1914

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Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??

1589

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In which account does the unpresented cheque will get recorded?

1099

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How do I record a prior year property tax refund on sale of asset due to overvaluation

1441

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hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj

1631

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Explain financial accounting. What are its characteristic features?

1077

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whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf

1829

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What is debit and credit note?

1135

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any one provide me mm & fi configration steps

1976

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what is difference between budgeting and Forecasting

1679

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