what is the entry pass of prepaid expense & o/s expenses?

3 Answers  

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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 Answers  

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what is o2c and cycle

1 Answers   Accenture,

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What is an Debenture

6 Answers   Thomson Reuters,

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What are the steps to take before you approve an invoice for payment?

0 Answers  

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What is the meaning of summarizing?

1 Answers  

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what is fund flow statement??

2 Answers   Siemens,

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Define trade bills?

0 Answers  

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what is accpunting ? What is intangible Accounting? What is Gross profit ? what is Net profit?

1 Answers  

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Subsidiary ledger and the benefit of making it, explain?

1 Answers  

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what are the voucher entries of gratuity in tally

3 Answers  

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is we should taken the cl or op. stock in trail balance

2 Answers  

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