what is the accounting term of bank reconcilation? explain me

2 Answers  

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Journal entry of outstanding wages is Wages a/c dr TO O/s wages a/c In the Above journal entry why outstanding wages has to be credited ? and o/s wages comes under which account, and why (Personal, Real, Nominal)

7 Answers   Capital IQ,

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how do we pass the Entry for Reserves? and What is the Meaning of Surplus?

1 Answers  

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How to void a payment

0 Answers   Accenture,

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What is budget variance analysis?

1 Answers  

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what is the difference between debtors & bills recievable?

2 Answers  

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how we do calculate of closing stock for company. what is the process of calculation of closing stock.

2 Answers   NSL,

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Differentiate between equity and stock.

1 Answers  

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How to group the companies in tally?

0 Answers   CTS,

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why do we take preliminary expenses into asset side?

5 Answers   Infosys,

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WHILE WORKING DEPERICATION OF AN MACHINERY ASSET WHAT IS THE PERCENTAGE TO BE TAKEN & FOR HOW MANY YEARS IT HAS TO BE TAKEN.

1 Answers  

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I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

0 Answers   College School Exams Tests,

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