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
1889dada 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 36413 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 5769What is contingent liability and contingent asset and provision in respect Accounting Standard?
2 4952Hi 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 5791Post New Accounting AllOther Questions
what is the difference between Assets Allocation & Security selection?
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what is the scenario of multi-org setup?
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
What is Compliance?
Define control account Thanks
Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
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What is meant by retiring Bill
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
what is exercise duty how to calculate that and how to update in tally
i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.
how standard costing techniques are applied in manufacturing sectors