"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.

0 Answers   Infosys,

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Tell me what does the investment of personal assets by the owner will do?

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Tell me how many types of business transactions are there in accounting?

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Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??

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In our company we are making payment through X bank and again we opened a new account in Y bank and we deposited cash in this bank rs.10000.and cash is used from X bank. then what will be the entry & how to adjust with old bank

1 Answers   ABC,

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i, transfer to capital redemption reserve is not allowed from A, GENERAL RESERVE B, PROFIT PRIOR TO INCORPARATION C, RESERVE FUND D, NONE OF THE ABOVE

1 Answers  

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in tally in contra is possible to create the ledger for rent

1 Answers  

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will preference share holders will have voting right?wat is difference between eqity holders and preference share holders

5 Answers  

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Do you know what is the importance of team work in this position?

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what is the rule for applying EL and CL and what is the Advance period for applying EL and CL

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Explain the Depreciation, objectives for calculating the depreciation and various method for calculating depreciation

1 Answers  

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I m working in NGO. we have taken loan from a person or other project in march and returned in may. So what are the entries in tally should be. what are the ledgers to be created and under which group? what are the journal entries?

1 Answers  

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