Answer Posted / hemant dubey

expense a/c dr.
To O.S. expense a/c cr
Expense will reflect to P&L account and while O.S. Expense
will show in Liablites (Balance Sheet )

"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

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Hey can any body tell me..What are negative assets?

2139

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Mention what is bank reconciliation?

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WHAT IS NPF IN ACCOUNTS. AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE" PLEASE ANSWER WHAT IS NPF?

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what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok

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What is the difference between accumulated depreciation and depreciation expense?

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Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?

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Explain financial accounting. What are its characteristic features?

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What is debit and credit note?

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when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?

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which report give the data of GL with materials details in sap?

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what is service tax & excise? How will it be charged?

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GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?

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Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax

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What is purchasing order?

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