if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?
No Answer is Posted For this Question
Be the First to Post Answer
Why does the accounting equation have to balance?
Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?
I have taken becup from tally how to restore another tally the same data.
Can we transfer balance on gl a/c to another Gl a/c if what is the process steps and tr code?
1 Answers SK Engineering, TCS,
Tell me which accounting application you prefer most and why?
Q.Goods worth Rs.5000 destroyed in fire? Insurance claim received RS.4000 for the goods lost? Loss of Rs.1000 pass the entries in the books of accounts?
what you know about accounting
get fixed assets items
Whether we add or not the Insurance policy premium of vehicle in asset value?
What is an ea in accounting?
what is one way , two way matching , three way , four way matching ?
differ the revenue expenditure and capital expenditure