in Tally accounting programme where should I can make
ledger for Work in Progress? under which accounting head?
Eg. Debit will be under Current Asset a/c and what about
credit? whether it is under Purchase a/c? or under Income
a/c?
Answers were Sorted based on User's Feedback
Answer / naresh roy
Yes, In tally accounting programe Work in Progress ledger
can be created under the group 'stock in hand'
I don't think that Work in progress will have credit balance
ever. This is a current assets and always it will have debit
balance
| Is This Answer Correct ? | 14 Yes | 5 No |
What is amortization..? Any examples pls..?
why accounting is important in business?
Can you please explain the difference between differentiate between consignor and consignee?
what is the difference between earnings and profits
what is journal entry of reserve for doutful debts.
Explain the concept of responsibility accounting
In which account does the unpresented cheque will get recorded?
total assets are equal to total liabilities in final accounts ?why?
What is meant by forex P&L a/c.?
Given the following entries from a TRIAL balance, what entries would fall where in a Balance Sheet & an Income Statement? Accounts receivables Merchandized inventory stores supplies office supplies prepaid insurance accumulated Dep accounts payable sales salaries advertising expense Miscellaneous expense Office salaries expense rent expense Depreciation expense Insurance expense Bad debts expense Allowance for doubtful debts Supplies expense
Journal entry for Telephone purchased in credit?
what is market capitalisation and tell me the formula for that ?????