purchasing of software more than Rs.8000/- will be treated as
expense or assets
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expense
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Who owns the general ledger?
How do you prepare a balance sheet from a trial balance?
what is cost center & cost categories in tally
what is a difference between public and private accounting?
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
By saying, perpetual or periodic inventory system; what do we mean?
Explain me the difference between accounting and auditing?
is we can prepare any account for partnership in tally
What is balance sheet and off balance sheet?
How do you handle rejection?
Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.
Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?
What is the difference between perpetual & periodic inventory system?
we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.
in terms of accounting the trial balance when is it taken?
