what is the meaning of prepaid&accruals in accounting?
Answer / ahmed
prepaid means The payment is made in advance and will be booking expenses monthly basic.
for example prepaid expenses are rent insurance etc etc
accruals means the expenses for the present month will be effected to the next month
for example salary, electricity,telephone bills
| Is This Answer Correct ? | 6 Yes | 0 No |
Could you tell someting Use's of Trial Balance and where we get the details.
what do you mean by Firm
Mr. S wants to set bank reconciliation start date, from where will he activate the same Answer A. Ledger creation B. Accounting feature C. Configuration window D. Display
difition of reserve & surplus
PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330
come will open bank account... what journal will come...
What is Rectification of Errors and types of errors?
If a company pay salary all the employee by seprate cheque and all the employee registed in pf & esi so what is journal the journal entry in tally? and what i create all employee a/c in tally?
WHAT IS DIFFERNCE BETWEEN CREDIT & DEBIT
if i get salary of Rs.12000/- p.m. then as per statutory compliance Is there Tds deduction to be made?????
Who owns the general ledger?
How to calculate Gratuity & when it's applicable to employee after three years or Five years?...