Answer Posted / ankita
i want to add one point that bad debts are deducted from
debtors in the balance sheet and they are shown on the dr.
side of profit & loss a/c as expense.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Expand-------ASRT
how to maintain E-Commerce companies accounts
How can a company reduce profit
what is dieerence between capital cpapital structure
EXPAND___________NAC
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Distinguish capital and revenue expenditure
why you choose accounting as your career ? ?
We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.
How the sub ledgers(AP, AR) integrate with GL liability and receivable
please give me a last 10 years sbi clerk question and answer paper
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them
would gross expenditure vouch the correctness or otherwise of the given expenses?
what is Calculation of Gross Profit Or Gross Loss?
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.