if accountant miss the journal entry of outstanding expenses. since its is a error of omission it cannot affect the Trial Balance how we auditor find it out.

10 Answers   Infosys,

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Expand---------RDES

1 Answers  

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what do we carry audit

2 Answers  

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Hi, We want to know about Balance Sheet, and what is main need for preparation of B/s

1 Answers   Bank Of America, Bank Of India,

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What is the mean of decommission liability?

0 Answers  

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If any expenses accrued for the F.B.T paid quarter in the next relevant quarter, can we post the expenses in the next quarter?

1 Answers  

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why you want be a qs

0 Answers  

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i have to finalize a mineral water co. for the year 2014-15 and i want to know that what will be rate of excise duty on sale of mineral water.

0 Answers  

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outstanding assests

2 Answers  

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Expand---------PRSM

1 Answers  

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I purchase New DVD for Students, what can treat this expenditure is recurring or non recurring

1 Answers  

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State with reason which account should be debited and which account should be credited in each of the following transactions: 1. Raj commenced business with cash Rs. 5000 2. Bought goods from Kiran for cash Rs. 1000 3. Sold furniture to Ravi on credit Rs. 500 4. Sold goods for cash Rs. 800 5. cash purchases Rs. 600 6. Bought Stamps Rs. 10 7. Withdrew cash from the business for personal use Rs. 1000 8. Paid salary to manager Rs. 500 9. Paid rent to landlord Rs. 200 10. Received commission from Mani Rs. 50 11. Paid for repairing machinery Rs. 30 12. Received cash form Ravi on account Rs. 400 13. Gave loan to Babu Rs. 500 14. Purchased goods from Sachin Rs. 400 15. Opened a bank account with Rs. 1000 16. Charged Mohan Rs. 50 commission for service rendered to him 17. Santosh paid the interest on loan advanced to him 18. Received loan from Manju Rs.10000 19. Office furniture stolen Rs. 500 20. Paid income tax Rs. 5000 21. Paid life insurance premium Rs. 300 22. Allowed discount to Babu Rs. 90 23. Discount received from Santosh Rs. 150 24. Amount charged by bank as bank charges Rs. 30 25. Railway fright paid on machinery purchased Rs. 100

2 Answers  

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