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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.
2089What is the Journal entry of the Transaction -- The Horse bought on April 20 died , its carcase was sold for rs.50. also tell me what is treatment in P/L A/c and Balance Sheet.
4 22785We may get profit or loss from business. If so we can name the statement as Profit or Loss account. But since a long time we are naming it as Profit and Loss account. Why?
1 3455Post New Accounting General Questions
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
what is the accounting treatment in tally of free goods received with goods purchased.
What is the entry for closing stock value reduction?
What is "deposit in transit"?
Explain the Invoice verification process
what are the disadvantages of back-flush accounting?
What is a ledger?
How do you build a successful business relationship?
What is definition of a cash float in accounting?
How to pass the entry in tally for demolished of building?
How i should sellone the mobile phone when interviewer will ask sell this phone to me?
How Can We Justify the,Real A/C & Nominal A/C?
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?
state (5) accounting concepts and give 1 example of each
