Plant and machinery destroyed for 50000
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what would be the journal entry for outstanding salary of 15000 paid by advance salary of 25000??
5 Answers Hindustan Power Projects,
When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?
Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
What is Prorate Expenses in Accounts Payable
how in the big companies the budget are prepared and controlled?
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What is the difference between P&L account and Balance Income & Expenditure account ??
Under what type of account do the unearned revenues fall?
We purchased material from other state against C form. Here in invoice Basic price value - Rs 100000 Cst 2% - Rs 2000 and transportation charges - Rs 8000 Total bill value - Rs 110000. But in C form How much amount we have to give? 100000 or 102000 or 110000 I am waiting for your valuable reply, advance thanks.
What is BRS
What is accrual accounting?