Answer / payalgupta

business entity concept treats a business as distinct &
seprate from its owner.This is an accounting principle
which says affairs of owner is seprate from its buinesss

Answer / sumitra.raghavan

businees and owner r 2 seperate entity

Goods destroyed by fire rs.2000 and insurance company claim rs 1250. This is shown on adjustment,how is it posting on profit and loss account and balance sheet

1 Answers  

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what is the outcome of trading and profit and loss account

1 Answers  

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withdrew cash for domestic use ?

1 Answers  

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Contents of an Invoice receipt

2 Answers  

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any body pls. tell me, if we purchase with credit card how to take into tally ( and) comes under which group for credit card purchases

2 Answers  

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What is Bank ?

6 Answers  

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What is the difference for calculation Depreciation as pert Companies Act and Income Tax

1 Answers  

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How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

2 Answers  

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Why some asset accounts have a credit balance?

0 Answers  

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P2P cycle with which accounts get effected at each stage

1 Answers   Accenture, Apple, Genpact, L&T, Maruti Suzuki, Meru Cabs, TATA,

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WHAT DO YOU MEAN BY SERVICE TAX.

2 Answers   Genpact,

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WHY JOURNAL VOUCHER IS USED IN TALLY ? WHAT TYPE OF TRANACTIO IS RECORDED IN IT ?

2 Answers   Pharma Traders,

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