Define fictitious assets?
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Tell us what is the abbreviation for the accounting terms debit and credit?
why are the company hire you.
What is the Full Procedure of Purchase ?
Need to know the treatement of Pre-Operative Expenses and preliminary expenses. How would you differentiate these two?
What is the purpose of financial statements?
What is the difference between General Ledger and Trial Balance?
What Does Phantom Gain Mean?
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how many times we can deposit the old currency in one a/c in the bank
what is difference between budgeting and Forecasting
What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).
I would like to know about advance payments to creditor & advance received from debtors in Tally ERP 9. For example, what are the ledgers should I create & what are the steps ? And please inform me what vouchers should I use for advances, for example ( payments, receipts and journal). Thank you.
What is tally accounting?