entry for outstanding expenses
Answer Posted / roshes
outstanding exp.a/c dr
To exp.A/c
| Is This Answer Correct ? | 29 Yes | 45 No |
Post New Answer View All Answers
What is Statory Books ?
What is the difference in accounting and marketing and what is so different about them?
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
What is the use of 2a, 2b & 2c form in CST ?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
Please give me as example of service tax & Vat Posting through Tally.
What is dd and a in oil and gas accounting?
What and How to compute an unsecured balances?
Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
Tell me in accounting, vat abbreviates what?
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf
total assets are equal to total liabilities in final accounts ?why?
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power