Answer / ravishankar

for Expenses: Profit and loss a/c Dr
TO Expenses
for Incomes: Incomes a/c Dr
To profit and loss a/c
for assets&: Liabilities transferred to Balance sheet

real account means

9 Answers   Infosys,

---

what is addition of Opening Balance and net profit transfered from profit and loss account called?

1 Answers  

---

Any income which is earned in the financial year(2009-10) but received in the assessment year(2010-11) wil be taxable or not?

3 Answers  

---

what is journal entry for the credit sales and purchases

5 Answers   Accenture,

---

Give Any three special cases of computation of capital Gain U/s 45(1A) to 45(6)?

0 Answers  

---

Sir, I am using Tally ERP 9 licensed. Company year 2012-2013. but dispaly in tally last date of entry 25.9.2021 pls help me sir... anandhi0701@yahoo.com

3 Answers  

---

what is contingent liability

5 Answers   Capital IQ,

---

what is an accured account ?

6 Answers   Genpact,

---

what is miscellaneous expenditure??

1 Answers   Accounting,

---

what is casual receipt? is it exmpted in income tax?

0 Answers  

---

What are a debit note and credit note with an example?

0 Answers  

---

what are the General Ledger (G L)Accounts?

3 Answers  

---