Answer Posted / smita

when provision is made:-

salaries Dr.
To prov. for salaries A/c
To Bank A/c.

P&L A/c Dr.
To Salaries A/c

When provision is reversed :-

Prov. for salaries A/c Dr.
To Bank A/c.

Tell me what are things will not be included in bank reconciliation statement?

1153

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Contrast bookkeeping and accounting

1026

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IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?

2176

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Tell me what is the abbreviation for the accounting terms debit and credit?

1031

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HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?

2791

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hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me

2271

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what is penaultimate sale

2078

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How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.

1828

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while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

3347

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Explain accounting 101?

1131

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What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?

1711

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"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

2052

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What steps would you take to locate the errors in case trial balance disagrees?

1056

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Why have you applied to our firm?

1120

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Cost Accounting

2079

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