Differentiate between provision and reserve?
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how to see reoprt of miro booking in SAP FI
does deposit fall under current assets ?
what is trial balance.?
I need to know when you buy a asset on credit and your monthly instalment is $10000 in the books where and how do you record the outstanding liability the interest and the capital instalments.Secondly the deposit that you receive which you should still send back to the tenat where in the books do you record for entry and the contra entry.
what is Credit?
when we can submit Form-C to the Sales Tax Dept. What is the period to issue Form-C to the supplier
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Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 5) If cheque is received from the tenant, journal entry=? 6) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.
What are control ledgers? What are the purposes of maintaining it?
What is accrual concept?
you have get 100RS but no 10RS note is required & there should be only 10 notes
Tell us what is the abbreviation for the accounting terms debit and credit?