Answer Posted / adish jain
personal accounts ( dr. the receiver and cr the giver)
real a/cs ( dr. whats comes in and cr what goes out)
nominal a/cs (dr all expenses and cr all incomes
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
what is the basic difference between pooling of interest method and purchase method in amalgamation
I am working in govt. sec. How to make journal entry in books for Fix Deposit
Define tally accounting
What is meant by partitioning?
What is short term solvency ratio?
What is the difference in accounting and marketing?
In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
What is your greatest achievement and why?
we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?
i have selected jr. accountant/ auditor in ssc graduate level 2008 scheme b. but i have not yet received deptt. memo and also appointment letter. when it will be come??? how much time???
Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
Why current assets Liability said & current Liability Assets said...?at tally ERP9
what are the disadvantages of back-flush accounting?
