Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / smehra
after posting the accounts in all the ledgers and find out all ledger's balance then transfer it into trial balance.. trial balance is work as statement in which to show separately the debit and credit balance.
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
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 ?
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.
What is the use of accounting?
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
Do you know what qualities and skills make an account manager successful?
professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally
What is tds and how it is calculated?
What is the networth percentage observe by banks
whether bills of exchnge can come under the category of reserves and surplus
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
What is difference vat
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500
Explain me is any difference between inactive and dormant accounts?
