Rent received in advance journal entry

4 Answers   Cognizant,

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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.

1 Answers   Kotak,

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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 Answers  

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What is the use of accounting?

0 Answers  

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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

0 Answers  

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what is the unique thing about employees that employers expect to see at an interviews.

1 Answers  

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Hi all, can anybody help me with the mutual fund (AMC)accounting. I would like to know the accounting entries for subscriptions (premium/discount), redemptions (premium/discount), fund expenses, buying/selling securities by the fund and other fund management related accounting entries.

1 Answers  

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what is upper circuit & what is lower circuit? please guid with an example?

1 Answers  

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WHAT IS A CREDIT NOTE AND DEBIT NOTE IN RESPECT TO A TRADING COMPANY?

3 Answers  

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X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?

0 Answers   HSBC,

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what is the defination of capital income?

8 Answers   Genpact,

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Is there any different between Modvat & Cenvat...?

2 Answers   Coal India,

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