Answer Posted / naresh

Journal entry is a primary book/ the first book. Ledger is a secondary book where the entries are made with the help of Journal

when dissoluction of firm why investment flchuationfund subtrect from book value

2047

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what is core accounting?

2294

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"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.

2605

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What is the difference between accrual

2091

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Define the term material facts in accounting?

1221

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What is the definition of offset accounting?

1043

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what is book building

2270

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what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?

2050

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what is the relationship between cost accounting financial accounting and managerial accounting?

1021

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We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.

1440

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what single discount is to2 successive discount of 10%& 15%

1828

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I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.

2324

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There is no item category assigned to account

2166

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How the Entry passed for Loss of Payment

2063

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At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.

2290

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