What is personal account?

4 Answers   HCL,

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sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?

0 Answers  

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How to take the closing balances of all ledgers into next financial year as opening balances in tally?

2 Answers  

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If A car in Name of company got damaged. and total amount of its repairing is 15,000/- and insurance company give me 10,000/- of it. Balance amount we paid through bank or cash .Then What is the entry for this in books.Kindly mention Ledgers with their respective Group Head.

2 Answers  

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Tell us what is icai?

0 Answers  

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In which expense we book the expense related to certification of ISO 9001 certificate & consultant fee.

3 Answers  

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What request submit to convert Expenses Report to Invoice

0 Answers   Accenture,

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Manoj & Mahavir joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Manoj 90000 Withdrawals of Mahavir 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

3 Answers  

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Were i have to enter for agreements in tally and in which ledger it will come

0 Answers   Accounting,

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pls let me know double entry of 'LEASING"

0 Answers  

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what is the difference between proforma invoice , commercial invoice and invoice

5 Answers  

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what is the diff btw charge and appropriation

7 Answers   Capital IQ, FactSet Systems, HP,

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