Answer / sharath

There is no maximum limit in a suspense account. That does
not mean that all the un reconciled amounts are transfered
to suspense, they have to be reconciled and only the rest
can be posted. The amount to be posted can be decided based
on the size of the business.

capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)

0 Answers  

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Anybody please tell me which software course is better for accounting at presint?

3 Answers  

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EXPAND_________VAN

3 Answers  

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Contingent liabilities should be recorded in the accounts when A) It is probable that the future event will occur B) The amount of the liability can be reasonably estimated C) Both A&B D) Either A or B

5 Answers   FactSet Systems,

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Do v call director in the partnership firm?

0 Answers  

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Choose the right answer When salaries for the month of March paid in April which was already taken into last years account,we have to debit 1.Salaries account 2.salaries payable 3.Employee account

1 Answers  

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what is the capitla expenditure & revenue expenditure give the 5 difference between capital & revenue expenditure and also its example?

1 Answers  

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What is difference between cash & intraday in stock market?

1 Answers   ICICI,

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Explain Cash Basis of accounting

0 Answers  

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what is portfolio management?

1 Answers   Capital IQ,

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what is the basic function of accounting?

2 Answers  

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Expand C N V A T

2 Answers  

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