what effect closing balance and there effected ?
Answers were Sorted based on User's Feedback
Answer / varun
closing stock effect on the revenue profit and loss
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ashok kumar
closing balance is shown profit &looses ,and there effect
not able to this
| Is This Answer Correct ? | 0 Yes | 4 No |
what is mean by contra entry
what is journal entry for outstanding bills payables?
What is the accounting treatment for goods taken from business for office use
IN ONE OF THE MAUNUFACTURING COMPANY, THE MANAGMENT WAS VERY MUCH INTERESTED TO INTRODUCE ERP(IT IS FOREIGN SOFTWARE)BASED ON SOME ATTRACTIVE FEATURES EXPLAINED BY THE ERP SOFT WARE COMPANY/AGENCY . THE ACCOUNTING STAFF ARE ALL CONVERCENT WITH TALLY ACCOUNTING PACKAGE(INDIAN ACCOUNTING METHOD). THEREFORE THEY WOULD LIKE TO KNOW THAT (I) WHAT ARE THE DIFFERENCE BETWEEN A TRIAL BALANCE FROM NORMAL TALLY ACCOUNTING AND ERP GENREATED TRIAL BALANCE (2) SINCE THE BOTH THE TRIAL BALANCE WILL BE HAVING DIFFEERENT DATAS HOW SOME ONE CAN MAKE A FINAL ACCOUNT SUCH AS TRADING A/C PROFIT & LOSS ACCOUNT AND BALANCE SHEET AS PER INDIAN COMPANIES ACT. THE TRIAL BALANCE AS PER ERP SHOW SOME COST OF PRODCUTION A/C, LABOUR/MATERIAL/VALUE VARIANCE A/C. SAY ALL THESE VARIANCE ARE CORRECT AND BASED ON THE ACTUAL TRANSACTION TAKEN PLACE, HOW SOMEONE CAN A FINAL ACCOUNT MEANT FOR INDIAN ACCOUNTING POLICY WHICH TO BE SUBMITTED TO VARIOUS GOVT BODIES? I AM TOTALLY CONFUSED
SIR , PLZ DEFINE 'H' FORM,E1 FORM,D2 FORM
What is Differed revenue expenditure?
8 Answers Capital IQ, Genpact,
Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax
How to Entered The Entry if insurance Claim Recovered of four Wheeler and entry entered in personal Account so give me The entry of insurance claim recovered.
what is different between accouts receivable and billing?
Tell us how can you define departmental accounting?
What is accounting entity concept? why is it important in Accounting.
How much statistics knowledge is necessary or required in accounting?