If we miss a entry at journal can we find it in latter
stage or in audit how can be find it
Answer Posted / baljeet
Trial balance will not get tallied. Its corresponding
Account will not tally.
Like many companies passes JV for cash payments, if I miss
to pass the cash paid antry, cash account will not tally
with Actual physical cash.
It can be tracked.
| Is This Answer Correct ? | 13 Yes | 4 No |
Post New Answer View All Answers
How to involve people in audit?
What are the importance of internal audit to the organization?
What is external audit?
How would you describe your management style
i need to pay around $90000 to Mr.R and the agreement clause says that any amount payable as tax are not included in the amount.So how much i need to deduct TDS...??
is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me
what supporting documents do we vouch to for sales, purchases, receivables, payables, sales cutoff, and liabilities cutoff?
May deduct TDS Froma reseller ?
Explain intangible assets?
What Is Social Audit?
What is an internal audit?
Audit strategy based
Whats are the importance of evaluating an internal audit department?
while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?
what audit procedure i can do in the share capital account of a company and why it have been apply?