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).

0 Answers  

---

What does the financial statement of the company include?

0 Answers  

---

When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .

0 Answers   CA,

---

A machinery item puchase form M/s. XYZ for the cost of Rs.2,00,000/- with freight charges Rs.20,000/- and installation charges Rs.10,000/- what is the journal entry

4 Answers   Chartered Accountant, Sony,

---

what is the deference between depreciation explanation

0 Answers   Capital IQ,

---

---

what is the meaning of the amortization

6 Answers   BoA, Karvy,

---

exchanged old furniture for new,the value of old furniture was rs 350 while the vaue of new furniture was rs 900 balance paid in cash what will be the journal entry according to you

2 Answers   Chartered Accountant,

---

opening stock rs.6000 purchases rs.22000 cash sales rs.18000 credit sales rs.12000 calculate closing stock if rate of gross profit on cost of goods sold 25%.

3 Answers   State Bank of Mysore SBM,

---

What is fair value accounting definition?

0 Answers  

---

what is accural

5 Answers   Genpact,

---

How many indian accunting

2 Answers  

---

what is the examples of direct income

4 Answers   Genpact,

---