How do I record a prior year property tax refund on sale of asset due to overvaluation
No Answer is Posted For this Question
Be the First to Post Answer
When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.
WHAT IS SHARE OPTION OUTSTANDING ACCOUNT??
1 Answers National Institute of Food Technology Entrepreneurship and Management NIFTEM,
Tell me which accounting application you prefer most and why?
how to deduct tds on pension with examples
4 Answers Chartered Accountant,
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
why and how does bills receivable increases assets??
Why did you select accounting as your profession?
Explain what is account receivable?
Tell me what are the three factors that can affect your cash flow and business profitability?
What methods do you use to discover sales opportunities?
What is the difference between deferred revenue and accrued revenue?
Explain me some of the examples for liability accounts?