Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?

1888

Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

1948

Please would you provide me with a defenition of Cycle count tolerance ? Thank you

1985

how to get a job in stock markets for MBA-FINANCE?

2079

what is the process of cenvat credit taken in service tax( in direct & indirect service)

3468

What are a debit note and credit note with an example?

1071

Define partitioning in accounting?

1583

Do you know retail banking?

1211

What is diffrence Between GPF and EPF?.. can anybody explain..?

2084

what is t code of all expences general legder?

2166

List of Indian accounting standards and international financial reporting standards

1745

hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?

2317

Role-specific management accountant job interview questions:

1051

cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c

2261

What are the three factors that can affect your cash flow and business profitability?

1035