Answer Posted / pravin kamble

Liabilities :- All the things for which we are suppose to
pay to sombody.

Asset :- All the the things for which we made investment &
we are receiving direct or indirect income.

Tell me what is the general classification of accounts that usually ledger account involve?

1053

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I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

1784

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Define public accounting?

1020

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correction of sundry creotors

2602

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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

2771

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How to show Airticket Expense on Company's A/c as Company expense

1754

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Why is accuracy important in accounting?

1024

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What is service tax & excise?

1061

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Explain what is the disadvantage of double entry system?

1017

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WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.

2259

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What do you mean by material facts in accounting?

1014

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What is the general entry for charge on bank overdraft

1448

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i am working in construction company.we have more then one projects.i enter attendance in payroll projectwise.i want salaries in projectwise not overall in payroll autofill. thankyou sir

1723

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Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?

6476

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WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?

2329

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