Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is Accruals ? How it is treated in finacials



What is Accruals ? How it is treated in finacials..

Answer / raghuvstar@gmail.com

Earned but not yet received

Is This Answer Correct ?    6 Yes 2 No

Post New Answer

More Accounting General Interview Questions

i want to know about VAT & CST (inculding its Form No.)

5 Answers   Sumeet,


What is the purpose of preparing BRS? What are the uses?

3 Answers   L&T, Servis,


WHAT IS ENTRY FOR CREDIT SALES?

9 Answers  


Discount on issue of debentures is a __________ (a) Revenue loss to be charged in the year of issue (b) Capital loss to be written off from capital reserve (c) Capital loss to be written off over the tenure of the debentures (d) Capital loss to be shown as goodwill

3 Answers  


How many types of accounts may be in a company.

1 Answers  


stock taken as drawing what should be the accounting entry

7 Answers  


The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2

0 Answers  


How the MIS format made up in XL.

0 Answers  


how did prepare the trail balance & profit & loss A/c and balance sheet

1 Answers  


Explain the Steps to transfer the data from AP to GL

0 Answers   Accenture,


what is the purpose of preparing Bank reconciliation ?

3 Answers   ABC, CAFS,


what is Journal entry or Journal Voucher

9 Answers   DuPont,


Categories