What are the steps involved in converting the trail balance
of a foreign branch? Explain the steps involved in
incorporating the foreign branch trail balance in HO books
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What are the accounting principles or concepts.Expalin briefly.
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Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
type of reconciliation?
What is Contingent Liabilities?
hi i am appliying for job of accounts executive in dubai, and i dont have much exp in SAP fi/co End user plz any one can give me the transaction codes of for end user sap AR/AP & GL and about automatic payment programme , thnks in advance gurus ,plz mail me on my id afreenjuvriya@yahoo.com
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why to ifferentiate between capital and revenue expenditure?
what is the use of memmorandam voucher in tally ?
There is any new golden rule added with remain three? Why bank credited our all deposited?
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
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