Answer Posted / shameemudheen

DR Inventory loss by Fire - Expenses
CR Inventory - Asset
(Inventory loss noted due to fire)

DR Cash - Asset
CR Insurance company - Assets
(Claim amount received from insurance company)

what is apply SI post

2089

---

how to solve cashbook question

3271

---

Explain what is bad debt expense?

4001

---

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

2038

---

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

1538

---

Can it be possible to transfer FCRA funds to an ngo who don't have FCRA registration no.

2563

---

Explain what a deferred asset is and give an example?

1094

---

Define overhead in terms of accounting?

1071

---

could i know how to accounting lease intrest ?

1989

---

In the balance sheet, where do you show tds?

1108

---

if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.

1677

---

I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.

1465

---

What is the Project Accounting in case of Real Estate or Construction Co`s ?

2362

---

What is the distinction between cost accounting and management accounting?

1044

---

Which accounting applications are your familiar with?

981

---