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Answer Posted / kavita kale
Accounting is summarised record of all the transaction relating to particular person, property, expenses and income........
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using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
What is fair value accounting?
What is royalty reserve?
examole of cash to cash contra entry
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.
Explain me have you ever heard about tds, what it is?
What is cotangent Account?
What are the disadvantages of manual accounting?
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
When Tds is applicable to deduct and wht is rate for different work panel?
Tell me what does the investment of personal assets by the owner will do?
GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?
Explain financial accounting. What are its characteristic features?
