Do you know offset accounting?
- 1 Answers
- 1139 Views
- I also Faced
- E-Mail Answers
Answer / Kalpana Gangwar
Yes, offset accounting is a technique used to record transactions that have both debits and credits in the same account or in related accounts. It allows for the net effect of a transaction to be recorded rather than the individual amounts.
| Is This Answer Correct ? | 0 Yes | 0 No |
stock lost by fire of rs-230 and insurance company denied to give insurance claim,journal entry
What is a contra entry
What are the most important goals of accounts receivable?
Why we do depreciation?What is the main object of Depreciation?
Do you know what are trade bills?
what are accounting concepts?
what is journal entry ? please describe in detail.
a buyer,purchases a for rs100, b for rs80, c for rs60 and mixed in ratio of 3:4:5 and sells @ 50% profit what wil be d price?
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
we paid bonus how to treat entry and what is the debit and credit
I purchase a material with vat@4% and want to sale it to a bihar cliet.what will be charged as cst.Narrate me as brakewise.It is very urgent to mine.
Every year very huge amount of depreciation debited at any of company's account, which is actually non cash expense, now where actually amount goes at the year end?
Audit 
