The Trial balance will show only the Opening Stock & Purchase for any given period, but for Profit and loss, we have to calucate the Opening + Purchase – Closing stock ?

1 Answers  

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what is t code of all expences general legder?

0 Answers  

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any example should cover all three types of account in one entry

1 Answers   IVRCL, RPG,

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Explain what are the accounting events that are frequently involved in compound entries?

0 Answers  

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Why SAP Fico module is given more importance than Tally & other softwares

2 Answers  

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Sir, Please tell me what diesel is direct/indirect exp.

4 Answers  

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What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?

0 Answers   Capital IQ,

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How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.

0 Answers  

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What are the differences between debit and credit?

3 Answers  

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What are the following types of accounts falls under in Accountancy? Can you please classify the following whether they are nominal ,real or personal account ? 1)sales tax account 2)Debtors account/Creditors account 3)Bank Overdraft account 4)Bills Payable Account/Bills receivable Account 5)Stationery Account 6)Purchase account 7)Loan Account

2 Answers   Infosys,

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If a company pay salary all the employee by seprate cheque and all the employee registed in pf & esi so what is journal the journal entry in tally? and what i create all employee a/c in tally?

5 Answers   IBM,

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what is profit & Loss Appropriation A/c. why it is prepered? what are its benefit for a company

4 Answers  

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