what is the difference between Income and Receipts
Answer / jason singh
Income is how much money the company earns from the sale of goods/services, whereas, receipts are money earned by a non-profit organization through donations or grants.
Is This Answer Correct ? | 0 Yes | 0 No |
Expand C R
why we use the term profit and loss account instead of profit or loss account
how to prepare mba finance for interview questions
Expand C R R
what is the entry passed for sales return (sales is on credit basis)?
If someone knows about the test pattern of Junior executive accounts than please share.
0 Answers Pakistan Atomic Energy Commission PAEC,
What is Performance Share?
Is Telecom Infrastructure service provider company providing a Mobile Phone Tower to the operator for rental basis liable to pay VAT or not?????
What do you meam by ERP ?
what is data entry? what is report generation ?in accounting how it is used .
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
How many types of routing protocols?