in Tally accounting programme where should I can make
ledger for Work in Progress? under which accounting head?
Eg. Debit will be under Current Asset a/c and what about
credit? whether it is under Purchase a/c? or under Income
a/c?
Answer Posted / naresh roy
Yes, In tally accounting programe Work in Progress ledger
can be created under the group 'stock in hand'
I don't think that Work in progress will have credit balance
ever. This is a current assets and always it will have debit
balance
| Is This Answer Correct ? | 14 Yes | 5 No |
Post New Answer View All Answers
i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial
why only 6 months interest is charged on drawings
Do you know what is balance sheet?
what do you mean by Firm
Tell us what is a cpa?
Do you know company's payable cycle?
Define partitioning in accounting?
explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule
what is current rate of excies duty for a manufacturing company?
HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
What is an over accrual?
By saying, perpetual or periodic inventory system; what do we mean?
Where do we create House banks and what is the process in sap fico
we can transfer stock between two firms with same name but prop. is different.