Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / hemant
what we have to due regarding the firm that is the part of
liabilites
Means weather we have pay to govt. or have the liabilites
in business allover is the part of liabilites
so whaterver is the due for business that is the part of
liabilites
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B
Tell us what is your proudest accomplishment?
Can you please explain the difference between differentiate between consignor and consignee?
Is it mandatory for the employees staff of a School, if so give details
how to deduct tds on income from other sources with examples
PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)
What is the importance of accounting standards?
Ledger Enteries
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
When their is one pick point and four unloading places with in same district their is need to write four number of way biils
non cash or bank income or expense
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
Explain which account is responsible for interest payable?
The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
