What do you mean by preliminary expenses & what are types
or Personal,real and nominal accounts (give some examples
of it)
Answer Posted / pankaj modi
Those expenses which incurred to formation and flow of the
company.example advertising exp.,issuing shares,producing
prospectus etc which has not yet been written off are shown
in the balance sheet of a company because as per schedule
vi of the companies act.
these are expenses will be come under
nominal account.
Is This Answer Correct ? | 33 Yes | 6 No |
Post New Answer View All Answers
describe how accuracy in trial balance is a prime objective for preparing the financial statements?
Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset
Short Answer on -----Trade mark
i have need full detail of tds rules and forms submitted dovetails
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
What do you think you do well?
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c
Do v call director in the partnership firm?
Example for extra ordinary expenditure?
outstanding expenses, prepaid or unexpired expenses
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
credit card entry in tally
how a fund flow statement benefit the individual, corporate?
which is the combine entry in ERP?