i have query on bank reco. pls suggest me on my following question my bank bal as on 31.3.09 was rs 700000 but after reconsilation it was 100000 because there was two three cheque was ulcleard. which bal should i take in new FY & how i show into account
5 60731.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,
1535goods lost by fire rs10000 & insurance claim received for the same rs8000.what are the effect of this entry in final accounts?
Amma Enterprises, BHU, HCL, Syntel,
17 73589hi to all this is sai i attend interview for genpact last week he asked me about BRS :if ur MD issued a cheque for his own insurance premium what u will do? this is the question plz give answer for this
13 16157Post New Accounting General Questions
discuss seperate determination concept
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
what is accounting cycle ?
What are the functions of manger -accounts and manager-finance?
is we can prepare any account for partnership in tally
What are the steps to take before you approve an invoice for payment?
what is the Journal entry for credit card bill paid from same bank account
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
Explain me fair value accounting?
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
What is journalizing? What are the columns of a journal?
Do you know in accounting, vat abbreviates what?
What is mean by working capital?
The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2
