where should the closing stock amt will effect in p & l &
in b/s
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What is depreciation and how many types are there. Please give details?
What is fiduciary accounting?
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
What is accounting normalization?
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
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Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
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Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?
i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.
Mention what is bank reconciliation?
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
which report give the data of GL with materials details in sap?
