Interested to Buy Any Domain ? << Click Here >> for more details...
How can I pass the journal entry for work in progress for a
construction company for every end of the period and what
should be for next period? I would like to know the debit
and credit should allocated where in an accounting system?
- 3 Answers
- 27939 Views
- I also Faced
- E-Mail Answers
Answer Posted / ashok
P&l A/c Dr.
W-I-P A/c Cr.
For Next period This will be Opening Balance
| Is This Answer Correct ? | 22 Yes | 9 No |
Post New Answer View All Answers
How you can adjust entries into account?
What is fractional code and how can i get a fractional code for a particular account?
Explain me some of the examples for liability accounts?
In which term & condition excise invoice raises & for what excise invoice raise?
The main financial accounting statements?
What information is included in a bill for services?
IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?
what is the nature of profit and loss approprition account.which entity prepare this.
Explain in simple terms what is the difference between asset, equity, and liabilities?
Tell me which accounting application you prefer most and why?
describe any accounting process that you have developed or revised
I want to know the Payroll Accounting Questions
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
how will rectify the error in trial balance.
is goods in transit will be liable for entry tax ?
