I need to know when you buy a asset on credit and your monthly instalment is $10000 in the books where and how do you record the outstanding liability the interest and the capital instalments.Secondly the deposit that you receive which you should still send back to the tenat where in the books do you record for entry and the contra entry.
1 3857The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had paid 3000. Pass the necessary Journal entry for this.
27 32647what is asset and what is liability ? why in B/S both will tally at the of the accounting yr or financial yr as the case may be ?
1 4007previous year tax adjustment (i.e. short/excess provision) on completion of its assessment in current year should be shown in p&l a/c or p&l appro.a/c?
1 13823HI EVERYONE I WANT TO KNOW, CAN WE ISSUE DEBIT NOTE OR CREDIT NOTE AGAINST STOCK TRANSFER , IF WE ISSUE OR NOT ISSUED THENY WHY PLZ EXPLAIN
2 6171I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?
2060My gross salary is 12,000/-P.M & due to less working days gross salary becomes 8,000/-P.M will ESI come as my gross is less than 10,000/-P.M
2 6436Post New Accounting General Questions
get fixed assets items
What is the journal entry of building rent and TDs payment?
What is good accounts Process & Execution capabilities?
What are bills receivable?
What is journalizing?
Do you know how many types of business transactions are there in accounting?
what is the process of cenvat credit taken in service tax( in direct & indirect service)
What is bond ? What is capital market?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
Is an "account receivable" and "goodwill" real accounts in accounting?
Pass the journal entry: rent outstanding
what is book building
What is the diffrent job&project accounting?