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Define the term material facts in accounting?
why creditors a/c dr. to discount received a/c ?
what is the difference between journal voucher and contra
What is Contra Voucher
in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice
why and how does bills receivable increases assets??
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
what is investment banking?
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
whatis the difference between invoice and bill?
Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
while raising credit note for price difference,is it mandatory to charge excise duty 12.36% and vat 14.5% on local supplies