"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.
1621What is the Journal entry of the Transaction -- The Horse bought on April 20 died , its carcase was sold for rs.50. also tell me what is treatment in P/L A/c and Balance Sheet.
4 20448We may get profit or loss from business. If so we can name the statement as Profit or Loss account. But since a long time we are naming it as Profit and Loss account. Why?
1 2591Post New Accounting General Questions
Define overhead in terms of accounting?
What is fbt (fringe benefit tax)?
If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes
What is the difference between Accruals and Provisions?
What is accounting period?
What are depreciation and amortization?
One Institute, after completion of course not issue any certificate to students, they issued certificate from other branded institute with cost (Kindly provide the term of this expenditure to appear in P&L a/c)
salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
Describe the proof of cash type of bank reconciliation?
How to make deductions of the employees from salary against the loan in AP module oracle R12
Under what type of account do the unearned revenues fall?
What are a debit note and credit note with an example?
What are source documents in accounting?
1. Why do wish to study in canada in the program for which you have been accepted? 2. What is your overall education goal? 3. Why are you pursuing a similar program in your country of residence/citizenship? 4. What research have you done into studies in your country of residence/citizenship? 5. How will this program enchance your employment opportunities in your country of residence? please send me all possible answer i hope your answer will help me a lot...
