Define balancing in accounting?
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what is suspense account?
What is difference betwwn cheque & DD
i dont know to calculate sales tax. how to calculate sale tax and what are basic procedure to calculation sale tax. i want basic procedure. any to know calculation of sales tax please send my mail. my id: rajendiranraje@gmail.com
sold some office equipment of rs 1,300 (proceeds beingreceived as rs 700 by cheque and balance in cash) and paid the cheque into his private bank . what will be the journal entry please give answer when you sure about it thanks
Non-performing Asset (NPA)
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
How is going concern assumption and accounting period convention related?
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
ADR
1. If i receive one invoice from our contractor on 01.08.10 , but the invoice date 30.07.10. My question is in what date i should take into account this transcation (i.e 30.07. Or 01.08.10) 2. If i receive a cheque from our customer on 30.08.10 but its not possible to deposit in the same date, because of closing of bank hours, it is possible only to deposit the cheque on next day only. In this case which date i should taken for account the transcation.
describe any accounting process that you have developed or revised
how would you describe youself