How to prepare monthly P&L and Balance Sheet (I am using Tally 7.)2. Please guide me in detail(step-by-step) from JV to finalization and also how to start on the first day of the next month if we close the books in the previous month.

1 Answers  

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Why Bank Reconciliation is required?Other reconciliation you do?

1 Answers   IBM,

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Whats the difference between accounting concepts and conventions?

1 Answers  

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freight inward expenses are direct expenses or not

7 Answers   Dainik Bhaskar, EDS,

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Difference Between FBT and TDS?

5 Answers   Ascent, Nestle,

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what is the difference between cash flow and profit and loss account?

7 Answers  

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how to create a profit and loss a/c

9 Answers  

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describe how accuracy in trial balance is a prime objective for preparing the financial statements?

0 Answers  

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where do you get working capital?

6 Answers  

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f your account is debited instead of credit, then what do you do? How do you correct your account?

1 Answers  

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what is GDP? how is it calculated

6 Answers   FactSet Systems,

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expand P R C

2 Answers  

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