Answer / shiva nandan singh

Finalization of accounts means settlement of all financial as well as non financial entry. making provision of outstandings, like rent outstanding,electricity bill outstanding,advance payment of lic, recognition of accrued income etc.

Answer / anburajan

Balance sheet only

Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

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principles of accounts

4 Answers  

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When we are raised a interstate invoice then which type invoice we are raised

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which accounting system you are familiar with?

8 Answers  

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What is Analysing

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EXPAND_________SDJMC

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Please explain a Representative Personal Account.

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I want to develope with my basic nowledge of accounts.what books i have to read.can you tell me the suggesion.

2 Answers  

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Expand-------IETF

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15. Which statement about ADRs is true? a) An ADR is the receipt for the shares of a foreign based corporation held in U.S bank b) ADRs do not trade on U.S exchange c) ADRs give non U.S investors a way to buy non US company shares in the US market. d) The holder of an ADR is entitled to only the dividends for the security

4 Answers   Capital IQ, FactSet Systems, Wells Fargo,

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libilities accounts come under what type of accounts(under real, nominal or personal) if its nominal, generally nominal will not come in balance sheet, why we shown in balance shhet?

1 Answers  

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What is Contigent Liability?

3 Answers  

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