how to prepare trial balance?
Answer / smehra
after posting the accounts in all the ledgers and find out all ledger's balance then transfer it into trial balance.. trial balance is work as statement in which to show separately the debit and credit balance.
Is This Answer Correct ? | 7 Yes | 0 No |
what is difference between share and equity
What is an asset, an expense, a liability, revenue and equity?
A change in accounting policy is justified (a) To comply with accounting standard. (b) To ensure more appropriate presentation of the financial statement of the enterprise. (c) To comply with law. (d) All of the above.
The following figures have been extracted from Katerina’s books of account for the month of April 2010: $ Sales 460 000 Total variable costs 299 000 Total fixed costs 90 000 Profit 71 000 (d) Calculate the sales in dollars necessary to make a profit of $100 000.
If salary paid per month Rs.60000/-I will deduct TDS from his salary per month
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
what is the tally accounting.
1 Answers Park Controls Communication,
Do you know any other accounting application?
What qualities have you got that would make you a good accountant?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
What is the difference between Finance and Accounts?
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.