Answer / n v nayak

When you buy/sell or sell/ buy 2 foreign currencies, the
rate at which the value is translated in to Indian Rupee
for accounting purposes by an Indian enterprise.

what is asset and what is liability ? why in B/S both will tally at the of the accounting yr or financial yr as the case may be ?

1 Answers  

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Wat is the journal entry for credit sales with vat

9 Answers  

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How can I pass the journal entry for work in progress for a construction company for every end of the period and what should be for next period? I would like to know the debit and credit should allocated where in an accounting system?

3 Answers  

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what is the three basic rule of journel

2 Answers  

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My company has taken a car loan from HDFC Bank, Assume 7.5 lacs. but it disbursed after deducted adv emi. how to pass the jv for that . Plz pass the entry

6 Answers   ABC,

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WHAT IS BRS

3 Answers  

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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?

1 Answers  

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Given the following entries from a TRIAL balance, what entries would fall where in a Balance Sheet & an Income Statement? Accounts receivables Merchandized inventory stores supplies office supplies prepaid insurance accumulated Dep accounts payable sales salaries advertising expense Miscellaneous expense Office salaries expense rent expense Depreciation expense Insurance expense Bad debts expense Allowance for doubtful debts Supplies expense

1 Answers  

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What is depreciation and how many types are there. Please give details?

0 Answers  

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explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule

0 Answers   KSOU,

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what is portfolio

2 Answers   Reliance,

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paid landlord rs 1.200 for rent one -third of the premises is occupied by proprietor for his own residnce what will be the entry

3 Answers   Chartered Accountant,

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