Answer Posted / jayasen panigrahy
In finalization of accounts means closing books of entry for the financial year.
First we prepare Trial Balance,With the help of trial balance prepare final account means,
Trading A/c
P & L A/c
Balance Sheet.
| Is This Answer Correct ? | 19 Yes | 6 No |
Post New Answer View All Answers
ACCOUNTING CONCEPTS AND CONVENTIONS
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
I want to know with example of vat & Salestax
how to entry in tally for other person check received
Debit Note & Credit Note?
What is combination?
we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
How & When We Calculate Deffered Tax... Please Give me Some Example.?
what is the meaning of input vat & out put vat?
when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker
what is data entry? what is report generation ?in accounting how it is used .
What are the duties of sales tax department? Explain it
For what purpose ERS is used for?
Why you want to leave your present job while they offer you with good offer?
difference between vat 47 & vat 49
