Depreciation comes under direct or indirect expense
what is meant by OGL ?
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
how to maintain the books of accounts in the organization
what is BRS? How to prepare it?
What is the Meaning of Current ratio?
i am normally accountant. i am not a CA. then i learn a account maintain
0 Answers Airtel, State Bank of Mysore SBM,
how to deduct tds on income from other sources with examples
what is legal meaning of CLEAR BALANCE mentioned in bank passbook of a saving account ?
2 Answers Bank of Maharashtra,
how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you
Maintaining books of accounts (Cash, Petty Cash, Bank,
Derivative
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