why Prepaid Expense is treated as an asset & what will be its journal entry using golden rules of accounting.

4 Answers  

---

ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10

0 Answers   ABC,

---

How you will treat purchase of phones & software CD's in Tally. what are the heads for both.

3 Answers  

---

What are the contingent liabilities ?

1 Answers  

---

How to cancel an invoice and what is the accounting entries

0 Answers   Accenture,

---

---

how calculate advance tax?

2 Answers  

---

What is the difference between financial accounting and management accounting?

2 Answers  

---

Cash Processing

0 Answers   Chartered Accountant,

---

where is transfer company director salary ? is in current liabilites , expenses or other?

5 Answers   Capital IQ,

---

Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss

0 Answers  

---

what is the golden principles of accountin

2 Answers  

---

why the provision is created in profit and lose account

1 Answers   Wipro,

---