Answer Posted / ashwini
the difference in trial balance is transferred to a newly opened temporary account which is closed later when the errors are located and rectified.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es
Let me know the liability positions of Partners
What does the standard journal entry includes?
Why some asset accounts have a credit balance?
Why did you choose the a-levels you did?
what single discount is to2 successive discount of 10%& 15%
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
What elements of your job do you find most difficult?
What is a cpa?
Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?
Expand ctc cheque?
What is royalty reserve?
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
Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?
Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you