Interested to Buy Any Domain ? << Click Here >> for more details...
mention five items that is commonly use when preparing
trading and loss account
- 2 Answers
- 5013 Views
- I also Faced
- E-Mail Answers
Answer Posted / s
five main items include in trading account are:
1.purchase
2.wages
3.opening stock
4.sales
5.closing stock.
| Is This Answer Correct ? | 9 Yes | 0 No |
Post New Answer View All Answers
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
Explain me where a cash discount should be recorded in journal entry?
1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,
What is a cpa?
Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
In the Manufacturing IF QC reject the material. Then where to record rejected material amount.
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
How you can adjust entries into account?
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
Tell me why some asset accounts have a credit balance?
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?
Explain have you ever prepared mis reports and what are these?
Define fictitious assets?
