While Scrutinizing the Trial Balance which error will catch
you eye immediately...

Answer Posted / deepak jain ca

in trial

we are see closing stock

closing stock not a part of trial

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the New GL concept? how do you configure new GL a/c?

1560


From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900

1634


EXPAND___________NAC

1599


what is cc limit and what role accountant play to maintain it?

1710


Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed

1448






WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

1656


how there face in lvbank interview

1599


income from depreciated asset is profit or loss?

998


Where to enter bonus and pf esi in tally pls help for me

1545


Short Answer on ______Amortization

1457


How do you plan to achieve these goals

1855


After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP

1915


What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations

1508


What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school

1538


tell me about roll model as father

1705