Answer / jayashree deshpande

Finalisation of Accounts refers to closing the books of
accounts for the particular period of time. This includes
verification of account balances, Passing adjustment
journal entries , preparing trail balance, preparing Profit
& Loss Account and balance-sheet for the same period, etc.
This helps to give a clear picture of the financial
performance of the organisation during the year and to give
the financial position of the orgnisation at the end of the
year.

Capital market

2 Answers   Bank Of America,

---

WE have paid two month Advance salary on dated 03 June 2010. What will be journal entry inthe month of june for advance payment. And what will be journal entry in the month of july and August for salary adjustment.

5 Answers  

---

Why we Deduct TDS ?

6 Answers  

---

what is the meaning of single entery system and double entery system ?

4 Answers   Suzlon,

---

What is purchasing order?

1 Answers  

---

what is contra entry . plz explain with example.

6 Answers   KOMA,

---

how long we keep invoices for recivables and there is any neccesary to keep delivery challans

2 Answers  

---

what is the difference between pay order and demand draft?

2 Answers  

---

what is Purchase Book & sales Book?

0 Answers   EDS,

---

If we maintain inventory then if proprietor take the some goods for personal Use then how to we do entry

3 Answers  

---

HOW PASS A TDS DUE ENTRY

2 Answers   MTS,

---

Who uses accounting?

1 Answers  

---