Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
1326What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.
1194When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
CA,
1156in tally software, how is the entry for stock brought by owner in to the business as capital?
1 2145if my company Purchases a raw material from other trading company and paid that amount by trading company owner account this case ? how to entry are reported?
1275If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
1136I would like to know about advance payments to creditor & advance received from debtors in Tally ERP 9. For example, what are the ledgers should I create & what are the steps ? And please inform me what vouchers should I use for advances, for example ( payments, receipts and journal). Thank you.
1 1664My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?
1158Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
1740Post New Accounting General Questions
What is the Technology used to carry out trades? Pls Tell me as early as possible.
What was your average accounts receivable days outstanding/days sales outstanding?
Recent trends in Corporate Governence?
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
Please guide in details about Payroll in Tally.erp9??
What is general ledger account?
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
What is the fictitious assets?
Is buy or sale trade will impact on Nov? Yes/No Please explain.
What is the difference between trial balance and general ledger?
As you know account executives need to be talented salespeople. Do you have experience making sales?
what are doucement required under registration of properity firm. give the answer breif
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
how to finalised the Balance sheet & profit & loss A/C
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
