Loss on issue of debentures is treated as ____________.
(a) Intangible asset
(b) Current asset
(c) Current liability
(d) Miscellaneous expenditure
Answers were Sorted based on User's Feedback
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
Differentiate public and private accounting?
contingent goods?
how to pass a rent paid a/c and tds payable a/c in tally
Explain me what is assets minus liabilities?
what is net worth ?
Do you think accounting standards are mandatory and why?
What is the distinction between cost accounting and management accounting?
what are the entries for staff taken advance in tally? what are the ledgers to be created for this and under which group? and what are the voucher entries when the advance is refunded?
Explain different branches of accounting?
If i have to sell the existing Business of Mine, What are the calculation for this ??
what are the supporting documents of expenses?