while preparing final accounts of a service rendering
shop,then where do the purchases and sales come as closing
stock is not there
- 1 Answers
- 2643 Views
- I also Faced
- E-Mail Answers
Answer Posted / gagandeep
it comes in the receipts and expenditure account
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is normative accounting?
WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?
How to show Airticket Expense on Company's A/c as Company expense
Explain an example of a tough decision you had to make quickly?
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
what is tax deducted at source
my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.
what is addition of Opening Balance and net profit transfered from profit and loss account called
6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
Tell me what is public accounting?
Tell me about an invoice discrepancy you discovered and how you resolved it
My company sent this party goods 62750 this goods is loss sundorbhan paribahan. how to create voucher
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.
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
