Why is Interest A/c debited and Bank a/c credited when interest is charged by the bank?? Here I assume Its an expenses so interest is debited but I don't understand why bank is credited?? Bank is a personal account. Please explain this doubt?
2 4283rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
2167we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.
2172how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
2007Post New Accounting General Questions
Define fair value accounting?
How can i learn shortly Tally from computer coz, i want to take a company Balance Sheet
Explain financial accounting. What are its characteristic features?
What information is included in a bill for services?
Under Accrual Accounting, How Are Worker Comp Premiums Handled?
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?
what is the meaning of 4X and 10X value in intraday market?
Is an "account receivable" and "goodwill" real accounts in accounting?
How is an accounting department structured?
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.
what's the difference between impress cash account and petty cash account
What are time sheets?
Describe a time when you have not met your goal?
what is cost unit n what is cost sheet?