what do you consider to be the biggest challenge facing the accounting profession today?
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give 3 reasons why capital is referred to as a special liability
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
note for sundry debotrs and sundry creditors
Whether Goods receipt is an Asset or liability?
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What do we mean by Redemption of shares and debentures?
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
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how many types of accounts are there
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what is break even analysis ?
What is CRR ? How it Works?
in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.