can be account payee cheque discounted from the bank of
party?
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how to make conversions from tally to ms excel sheet like profit & loss a/c and balance sheet & trial balance
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During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
6- What do you mean by purchase merchandise; assets or expense?
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While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
why bank accounts are not coming in profit and loss account ?
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