Answer Posted / h.r. sreepada bhagi
It's Errors & Omissions Excepted and not Expected.
It's generally mentioned in the invoices to take exception
to any mistake by oversight & to have option to correct the
same when noticed.
| Is This Answer Correct ? | 38 Yes | 1 No |
Post New Answer View All Answers
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
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?
sir i want know how to fill vat return
what is "goodwill" reserve and surplus and reserve with example
Discuss the consistency concept in accounting
Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00
After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
Who created snapit accounting?
Explain the accounts payable cycle
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
what is apply SI post
Do you know what is double-entry accounting? Explain with an example?
How to pass journal entry of gifts purchased for employee by using campany ATM card
what is bank aceleted?