Answer Posted / kalpana
income statement is prepared to know the excess of income
over expenditure.
Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
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?
how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me
Explain what is liabilities and what all does include in current liabilities?
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?
what is mean by sample account and data transfer rule in SAP FI?
why i want to join Hawkins company
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
What is mean by Asset area?
Unrealised profit will be debited to ?
how do made in finalization
Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?
what is book building
How you can adjust entries into account?
what is cost unit n what is cost sheet?