outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
1926dada proposed to start a business. He had only N10,000 which was not enough to start the business, he got a loan of N10,000 from his bank
2 37293 brothers living together.50 coconuts giving to first person.25 coconuts giving to second person, 10 coconuts giving to third person and they have to sell one c oconut each morning and evening.after sold the coconut they have to get the equal share from that coconut money.how can i calculate this puzzle please hwelp me?
3 5886What is contingent liability and contingent asset and provision in respect Accounting Standard?
2 5057Hi dis is lalitha. I got selected for muthoot finance PO for the final interview. can u plz tell me what type questions they will ask? my mail id is plalitha87@gmail.com. can u plz pass the questions to my mail, my interview is on jan 04,2012. Thanks in advance.
2 5880Post New Accounting AllOther Questions
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duties of bank finance manager
why specifically inited states ?
What will be the consequences if the partnership is not registered
shares journal entries
please send me some previous sbi clerical interview questions to my email id....
1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation
What is the meaning of Debt reconciliation and how to do debt reconciliation?
How to Calculate Mortgage?
What is the use of final account?
what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
how do you prepare the mis reports and prepare the one example report stating your accounts department proforma
A----------involves transfer of money or moneys worth from one person to another
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?