What is a Prepayment and Explain the accounting entries


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting General Interview Questions

We are facing problem in Capital Goods when our other unit send us Capital goods we book it in Fixed assets but if we transfer the same capital goods to other unit we have to make sale bill in which this item goes to inventory, and the qty is shown as negative balance, but our unit is asking for Invoice, Please explain how we will settle this qty from assets as per excise rule.

1 Answers  


How to make calculation of salary for an employee of an Indian company? Please give me an example to understand, also consider all the aspect of salary?

2 Answers   Tally Solutions,


what is fictitious asset

3 Answers  


why and how does bills receivable increases assets??

1 Answers   Wipro,


Why the provision is considered as expense and reserve is considered as liability even if they both are allocated as precautionary for specific and general purpose? pls Explain.

1 Answers  






hai, friends am new to sap and i need a sap fico resume any one have plz forward to my mail plz with min 3+ years exp any sap FICO resume mail ID- srinu.gurram@gmail.com

1 Answers  


I have passed in SBI clerical exam 2009 , pls tell me what question will be asked for interview .pls mail it on my email id sawant.supriya51@gmail.com

0 Answers  


what is the rate of vat,cst,in mumbai

0 Answers  


hai , please explain wherther output tax a/c comes under duties & taxes or indirect expenses?

1 Answers  


If vendor is deducting TDS amt while paying, how to pass entry inbooks. Will it be TDS recoverable/TDS payable a/c. kindly clarify

3 Answers  


what is the accounting treatment in tally of free goods received with goods purchased.

0 Answers  


WHAT TYPE OF QUESTION WILL YOU ASK IN INTERVIEW BECAUSE IAM FRESHER

2 Answers   Bank of Baroda, State Bank Of India SBI, Vserve,


Categories