Answer Posted / sankeerthana
My dear Hary if you are doing accounts thru any accounting
packaage the main thing is to group the ledgers. If you do
correctly the system will process and give the report.
If you are in the practice of manual system you have to
satisfy yourself with the acceptance of credit and debit
side balances. After that you have to transfer all the
nominal account ledger balances to Trading,Profit and Loss
account and Real and Personal accounts to Balance sheet.
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
what is turn over? what is vat? what should ido to become a expert in acount? plese ans me
Journalise- opened a saving a/c with S.B.I. ?
My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.
Explain me some of the examples for liability accounts?
What do we mean by Redemption of shares and debentures?
Into which account do we close the revaluation account balance during the winding up of a company?
What is vendor?
What is the diffrent job&project accounting?
if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me
when receieve cheque from a party and we deposite cheque in bank how do this entry
What is the general net worth percentage banks will observe while sanctioning the Loans for Tranding, Construction and Manufacturing units.
What does the word credit mean in terms of accounting?
WHY U HAVE CHOOSE ICWA WHY NOT CA
HP EMPLOYYES - If any one in HP company, Please give refernce for attend the Accounting Job in chennai,Bpo- chetpet.If any one Worked there Please,Send mail to me Umaiyo@gmail.com.I have 1 year exp in banking sector, & 8 months exp in accounting in SIEMENS, at present I'm searching for a job.If any person see this mail,Kindly send mail to me. Thank U Friend.