what are adjusting entries?
and why we are dioing it?
Answer Posted / b.narasimha rao
ADJUSTING ENTRIES ARE PREPARED AT THE END OF THE
ACCOUNTING PERIOD FOR CORRECT BALANCE REFELECT THE INCOME
AND EXPENDITUR BETWEEEN THE CASH AND ACCURAL METHODS
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Which document should be attached with purchse & sales invoice?
What are the Types of invoices batching? & what is 3 way batch?
service tax form no ? What is CC Limit ? What is branch accounts?
what is Exposure ?
why the RRB'S not lend loans directly to farmers?
business sepsarate entity concepts
Expand-------NSAC
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
Short Answer on _____________Intangible Assets
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
What is corporate restructuring?
---------is the main or principle book of accounts
Short answer on _______Amendment
what is contigent liabilities? whats it status in balance sheet?
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?