in reply of sreedapa answer ,suppose for the m/o march
telephone expense is Rs.800 and for the m/o april Rs.200
For this we will pass tthis entry :
Telephone expenses Dr 800
To Tel expenses payable 800
Telephone Expenses Payable Dr 800
to Bank/cash 800
(For the m/o march)
And for the m/o april, we will make the provision in the
Telephone expenses Dr. 200
To Telephone Expenses Payable 200
STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS
what is form 8? what are all the details to be collected
while buying c form
how will rectify the error in trial balance.
What is accounts payable?
Short Answer on __________Event
what is penaultimate sale
Upto what age PF will be deducted for an employee? And what
age he is eligible to gratuity?
jv vouchers for salaries entries which reflect j.v's
How to Prepare Balance Sheet for Annual Tax Assessment. Do You
Have any Format, Please send on (Pankajica15@gmail.com)
From the following particulars taken on 31 December, 1995,
you are required to prepare a bank reconciliation
statement to reconcile the bank balance shown in the Cash
Book with that shown in the Pass Book:
(i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027.
(ii) Four cheques drawn on 31 December but not cleared till
January are as follows:
Rs 12; Rs 1,021; Rs 98; and Rs 113.
(iii) Interest on O/D not entered in Cash Book Rs 51.
(iv) Three cheques received on 30 December and entered in
the bank column of the Cash Book but not lodged
in bank for collection till 3 January next: Rs 1,160; Rs
2,100; and Rs 2,080.
(v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered
twice erroneously in Cash Book in November.
(vi) A Bill Receivable for Rs 250 due on 29 December, 1995
was passed to the bank for collection on
28 December, 1990 and was entered in Cash Book forthwith
whereas the proceeds were credited in the
Pass Book only in January following.
(vii) Chamber of Commerce subscription Rs 10 paid by bank on
1 December, 1990 had not been entered in the
(viii) Bank charges of Rs 5 had been debited in the pass
book twice erroneously.
plz be fast
Cost center 60500 in controlling area 1000 is locked for
revenue postings on 31.03.2008.Now How can I Assign the
account to another cost center or allow cost center 60500
to again accept revenue postings.
WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ?
WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ?
PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.
what stock transfer applicable in sister concern unit.
Received cheque Rs 250000 which is exclusive of 5% Security
deposit 2.24% income tax and i% miscellaneous recovery.
Pass necessary entry
1.explain the accounting concepts ?
2.what are the objectives of preparing a trail balance ?