How do we treat grants that are received in advance of the
period when they are to be spent?
Answer Posted / yaris
We record it in our Balance sheet under Liabilities as
Income received inadvance.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
Short Answer on __________Leverage
what is Journal Entries?
IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
distinguish between price rate and time rate?
Short Answer on ___________fluctuating capital
A----------involves transfer of money or moneys worth from one person to another
duties of bank finance manager
Examples of automatic generated content material of car logbook loans?
why should we are preparing BRS
pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com
difference between contra entry and double entry?
How to enter PO in SAP
Short Answer on ___________Appreciation