What is the purpose of accounts like e.g. expense accounts
assigned a account number 0040, principal account assigned
anumber 0060.In our general ledger software such numbers are
assigned.I want to know how these numbers (accounts) help in
maintaing accounts of a company (like bank reconciliation).
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define accounting?
if u sale an asset for 10000, which has a book value of 8500. what will be the journal entry???
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What is the difference between inactive accounts and dormant account?
What is Contra Voucher
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golden rules of accounting
Dividends are usually paid as a percentage of ______ (a) Authorized share capital (b) Net profit (c) Paid-up capital (d) Called-up capital