Answer Posted / ali
A trial balance is a list of all the ledger (general ledger)
accounts contained in the ledger of a business and there is
no ledger heading "stock", so..... (logical)
Closing stock is not a balancing figure of any ledger. Its
valued according to the company policy or the thumb rule (mkt
rate/ bought rate whichever is less), so.... (technical)
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
all ques. related to accounts?
how to deduct tds on income from other sources with examples
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
In the case of stock transfer from one branch to another branch any reverse credit is applicable.
how to treat investment fluctuation fund in case of death of a partner
what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
Let me know the liability positions of Partners
how do made in finalization
What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP