The Trial balance will show only the Opening Stock & Purchase for any given period, but for Profit and loss, we have to calucate the Opening + Purchase – Closing stock ?

1 Answers  

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Tell me by saying, perpetual or periodic inventory system; what do we mean?

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what is mean by account

2 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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What is Tally

1 Answers  

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how pass journal entry in the month ending for input vat and out put vat

0 Answers   Aegis,

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what is asset and what is liability ? why in B/S both will tally at the of the accounting yr or financial yr as the case may be ?

1 Answers  

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What is meant by balancing?

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What is the type of principal for CLOSING STOCK. and why we show closing stock two time that is once in trading account and another time in assets. if closing stock is Real account than what about showing in trading account as we dont show real account type in trading account. thanks

6 Answers   DuPont,

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Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, what will be entry pass in 01.05.2015 in tally

4 Answers   Nubis,

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how to applicable esi what is the rate of percentage i am getting Rs. 15000/- gross salary and how much amount will deduct esi from my salary

3 Answers  

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Transport expense were reimbursed by the supplier Pass journal entry

1 Answers   Satyaki Educational Academy,

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