Why we debit expenses and credit incomes ?

0 Answers  

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Hi All, Can any body Explain the End to End Flow of Product Costing in SAP with Integration Point and Journal Entries Involved in the Flow ?

0 Answers   Wipro,

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we deposited securoty to a party and now due to us interest amount then party deduct TDS on interest but we not recive cash or in bank he credited our account in his books so what will be the journal entries in our's books.

2 Answers  

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differences between liabilities and assessts

1 Answers  

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if the chegue is post dated in the time of paying pre-paid insurense how can show the journal entry in the company book? please show that this journal entry

1 Answers  

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last year company profit is Rs 50.000 ,the part of the profit is transfer to reserve and surplus account . but the current year company suffering loss .in that situation company can take help Rs 25000 from reserve and surplus . if yes than how can ,please reply me what is general entry

3 Answers   IBM, TCS,

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What is the diffrence between General Exp. & Misc. Exp?

5 Answers   Tata Steel Limited,

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What is mutual fund what is derivatives what is capital market what is TDS.breifly

0 Answers   Syntel,

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A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books.

5 Answers   CTPL,

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how to assign the cost center to GL Account in SAP (FICO)

0 Answers   EXL,

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bank releted question interviw plz tel me

0 Answers   Shriram,

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why profit and loss account debit balance appeare in the asset side of balance sheet?

11 Answers   Genpact, HCL, Rites,

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