What do you mean by ledger posting?
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Explain miscellaneous expenditures & profit and loss account debit balance
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What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
how will decide that vender payment is ok without reco
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On January 20x2, the balances of ABC Ltd's provision of doubtful debt account was $1510. During the year, a total of 3750 of account recievable was written of as bad debts. The balance in the provision for doubtful debts account at 31st Dec was 1450. What is the total amount of bad debt recognised this year?
Can any body missuses the pass book of a saving account in a bank in India? I mean in case some body steal a pass book, can the account be stolen too?
4 Answers State Bank Of India SBI,
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how to pass journal entry when cash received in the form of gold or other form?
what is loan operations and what are the complete process form from making customer to closure of loan
We may get profit or loss from business. If so we can name the statement as Profit or Loss account. But since a long time we are naming it as Profit and Loss account. Why?
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