in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice

1 Answers  

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What is BRS Adjustment entry?

0 Answers   Accenture,

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wat is mass allocation and when it is used

0 Answers   Meru Cabs,

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How to get C forms in online? Plz give me Processor Thanq

0 Answers  

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Why do we prepare trial balance?

17 Answers   IBPS,

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what is the reason for finding break even point

2 Answers   ACS,

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While closing books for the year end, We had Closing stock which is inclusive of VAT(i.e Cost price + VAT), What is the treatment of this Closing Stock in the P&L and BS , is Closing Stock Shown Inclusive of VAT (ie. Cost price +VAT) or, without VAT (ie. Cost Price)

5 Answers  

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Accounting periode is normaly one year, bot accounting periode is for 5 year is possible or not?plz list the name of organistaion whose accounting periode is 5 year

1 Answers  

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Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

0 Answers   ABC, Wipro,

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Perpose of charge the excise duty?

2 Answers  

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what is addition of Opening Balance and net profit transfered from profit and loss account called

0 Answers  

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Why company use sap?

1 Answers  

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