Answer / bhavna

If you paid insurance 2400 for the period of Jan to Jan than
entered 600 (3 months insurance i.e. Jan to March) as
insurance charges and remain 1800 entered as prepaid
insurance for April to Dec. In next year entered insurance
charges for April to Dec as JE with prepaid insurance.

what is Finalization of Accounts?

1 Answers   EDS,

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What is the general classification of accounts that usually ledger account involve?

0 Answers  

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vat paid on purchase is it comes on direct expenses or indirect expenses

3 Answers  

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what is meant by OGL ?

1 Answers  

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BANK

2 Answers   Bank Of America,

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What are the 4 phases accounting?

0 Answers  

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If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the amount of purchase will be (a) Rs.80,500 (b) Rs.74,900 (c) Rs.74,700 (d) Rs.80,900.

4 Answers   Infosys,

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Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income

0 Answers  

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Bank reconciliation statement

2 Answers   Bank Of America,

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is provident fund is liability or indirect expenses for employer???

5 Answers  

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a purchase of Rs.750 from raghubir has been debited to his account.purchase account has been correctly debited.

2 Answers  

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what is the difference between contra entry and double entry?

7 Answers   ACC, Capital IQ,

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